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Ariane borrows $400 on a 4-year loan. She is charged 5% simple interest per year. How much interest is she charged for 4 years? What is the total amount she has to pay back?
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Ariane borrows $400 on a 4-year loan. She is charged 5% simple interest per year. How much interest is she charged for 4 years? What is the total amount she has to pay back?

User PilotBob
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8.0k points

1 Answer

2 votes
20% witch is also 80 bucks
User Confused Genius
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7.9k points
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