anikasimpson2014 anikasimpson2014
  • 07-07-2020
  • Mathematics
contestada


Nate borrowed $400 to pay for car repairs. If he agreed to repay the loan at a simple annual interest rate of 6%, how much interest will he owe at the end of 2 years?

Respuesta :

hihihi11138 hihihi11138
  • 07-07-2020

Answer:

$48

Step-by-step explanation:

$400/24=16

16/6=2

2x24=$48

Answer Link
Аноним Аноним
  • 03-11-2020

Answer:

I believe the answer will be $48 dollars

Step-by-step explanation:

Hopefully this helps. see ya later!!!!!

Answer Link

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