Sara has a loan for $1800 at a rate of 16% annually. If the interest is not compounded, how much interest will she pay in 4 years? A) $144.00 B) $288.00 C) $1152.00 D) $2952.00

Sara has a loan for $1800 at a rate of 16% annually. If the interest is not compounded, how much interest will she pay in 4 years?

A) $144.00
B) $288.00
C) $1152.00
D) $2952.00

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Sara has a loan for $1800 at a rate of 16% annually. If the interest is not compounded, how much interest will she pay in 4 years? A) $144.00 B) $288.00 C) $1152.00 D) $2952.00<…

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