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A $1,400 loan has a simple annual interest rate of 4%. How much simple interest is paid on the loan for 1 year? A $56.00 B $67.20 C $560.00 D $672.00
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Jul 12, 2022
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A $1,400 loan has a simple annual interest rate of 4%. How much simple
interest is paid on the loan for 1 year?
A
$56.00
B
$67.20
C $560.00
D $672.00
Mathematics
high-school
Bic Ton
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Answer:
the answer is c
Explanation:
Cmdd
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Jul 18, 2022
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Cmdd
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