Register

Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan? $251.20 $1,004.80 $11,555.…

Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan? $251.20 $1,004.80 $11,555.…
asked 18.0k views
5 votes
Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan? $251.20 $1,004.80 $11,555.20 $13,564.80

asked
User Atif Tariq
by
8.4k points

2 Answers

4 votes

Answer:

Explanation:

C. $11,555.20

answered
User Katedral Pillon
by
8.4k points
5 votes

Answer:

C

Explanation:

answered
User Pille
by
8.5k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!