Ask Question
7 August, 22:14

Acelynn borrows $1337 to buy a four wheeler. The interest rate is 4% for the 14 year loan. Q: A: How much interest will she pay back for the money borrowed?

A) $53.48 B) $748.72 C) $534.80 D) $2085.72

+3
Answers (1)
  1. 8 August, 00:10
    0
    1337 x 0.04 (4%) = $53.48

    $ 53.48 x 14 (years) = $748.72
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Acelynn borrows $1337 to buy a four wheeler. The interest rate is 4% for the 14 year loan. Q: A: How much interest will she pay back for ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers