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iVinArrow [24]
3 years ago
8

Sara has a loan for $1800 at a rate of 16% annually. If the interest is not compounded, how much interest will she pay in 4 year

s?
A) $144.00
B) $288.00
C) $1152.00
D) $2952.00
Mathematics
2 answers:
ollegr [7]3 years ago
7 0
D) $2952.00 i think idk  <span />
Ann [662]3 years ago
6 0

Answer:

C)

Step-by-step explanation:

$1152.00

i = prt = (1800)(0.16)(4) = 1152

Use the formula i = prt, where

p = principal or starting amount

r = interest rate expressed as a decimal

t = time in years

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