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
1 answer:
1337 x 0.04 ( 4% ) = $53.48
$ 53.48 x 14 ( years ) = $748.72
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