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Stells [14]
2 years ago
13

ASAPPP

Mathematics
1 answer:
Vlad [161]2 years ago
3 0

The interest she would pay is $694.40.

<h3>What is simple interest?</h3>

Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued.

<h3>What interest does she pay? </h3>

Simple interest = principal x time x interest rate

$6200 x 4 x 0.028 =  $694.40.

To learn more about interest, please check: brainly.com/question/26164549

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