Emma needed a loan of $400 for repairs to her house. The bank loaned her the money at 5.6% interest for 3 years. What is the total amount of the loan? $67.20 $672 $46.72 $467.20

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asked Feb 4, 2021 232k views

3 votes

Emma needed a loan of $400 for repairs to her house. The bank loaned her the money at 5.6% interest for 3 years. What is the total amount of the loan?

$67.20

$672

$46.72

$467.20

Mathematics
middle-school

Dpr asked

by Dpr

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2 Answers

6 votes

Answer: $67.20

Explanation:

Farbodg answered Feb 7, 2021

by Farbodg

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$467.20 if it’s interested it’s going up not down

Masoud Darvishian answered Feb 11, 2021

by Masoud Darvishian

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