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2 years ago

13

Acelynn borrows $1337 to buy a four wheeler. The interest rate is 4% for the 14 year loan. How much interest will she pay back f

or the money borrowed?
A)
$53.48
B)
$748.72
C)
$534.80
D)
$2085.72

2 answers:

Mademuasel [1]2 years ago

7 0

the answer is B) $748.72

the rate is 4%, that's 0.04 in a decimal.

1337 x 0.04= $748.72.

alina1380 [7]2 years ago

4 0

$1337 * 0.04 * 14 = <span>748.72

answer is </span><span>B)
$748.72 </span>

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