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mezya [45]
3 years ago
14

At the end of 8 years, Anna paid $400 interest for a loan. If the simple annual interest rate was 4%, how much did Anna borrow?

Mathematics
2 answers:
antiseptic1488 [7]3 years ago
6 0

$1250

Use the formula i = prt

In this case, we don't know P or Principal amount

i = 400

r = .04 *found by diving 4/100*

n = 8

Set formula to solve for P like: P= i/r(n)

P=400/.04(8)

P= 400/.32

P = 1250

ELEN [110]3 years ago
4 0

Answer:

1250

Step-by-step explanation:

A

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<h3>What is a function?</h3>

It is defined as a special type of relationship, and they have a predefined domain and range according to the function every value in the domain is related to exactly one value in the range.

We have a function:

f(x) = –(x + 6)(x + 2)

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brainly.com/question/5245372

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