Question

Four years ago, Hakim borrowed $275 to help pay for new tires for his car. He agreed to pay interest at a simple annual interest rate of 4%. How much did Hakim owe at the end of 4 years?

Answer 1

THE ANSWER IS B) 319 JUST DID THE TEST

Explanation:

Answer 2

B)$319

Explanation:

Interest each year is 275 × 4% = 275 × 4/100 = 11

total interest over 4 years is 4 x 11 = 44

total to repay after 4 years is 275 + 44 = 319