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Annika's older cousin borrowed $800 to repair her car. She will pay off the loan after 2 years by paying back the principal plus 4.5% simple interest for each year. a. How much will she pay in interest?
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Annika's older cousin borrowed $800 to repair her car. She will pay off the loan after 2 years by paying back the principal plus 4.5% simple interest for each year. a. How much will she pay in interest? ​

User Gregg Williams
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2 Answers

5 votes
$72 for the interest. The total is $872.
User Nathan Wienert
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6.9k points
5 votes

Answer:

72 dollars in interest, coming up to 872

Explanation:

User Tim Booker
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6.2k points
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