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Help plz Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the amount of interest that Rita will be charged on this loan at the end of one…

Help plz Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the amount of interest that Rita will be charged on this loan at the end of one…
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2 votes
Help plz

Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the
amount of interest that Rita will be charged on this loan at the end of one year?
A $47,403.20
B $11,395
C $18,232
D $1,823.20

asked
User KarimS
by
8.0k points

1 Answer

3 votes

sorry it's c. $18232.


answered
User Mschuurmans
by
8.6k points
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