Ariane borrows $400 on a 4-year loan. She is charged 5% simple interest per year. How much interest is she charged for 4 years?
1 answer:
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Answer:
A
Step-by-step explanation:
In the figure attached, the complete question is shown.
We have to transform all the fractions to new fractions with the same denominator, as follows:
1/8 *4/4 = 4/32
-3/16 *2/2 = -6/32
-1/4 *8/8 = -8/32
1/32
5/32
-1/16 *2/2 = -2/32
Now we can order the list simply comparing numerators:
-8/32, -6/32, -2/32, 1/32, 4/32, 5/32
or
-1/4, -3/16, -1/16, 1/32, 1/8, 5/32
