latiiiii latiiiii

10-03-2020
Mathematics

contestada

Find the total simple interest on a $200 loan at a 5% annual interest for 4
years

Respuesta :

10-03-2020

200*5*4=$4000. Done

Answer Link

emmajademugford emmajademugford

10-03-2020

Answer = 243.10 (2 decimal places )

200 x 1.05^4 = 243.10125

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