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3 years ago

6

Augusta borrowed $400 from her brother. She agreed to repay the loan in 3 years at a simple annual interest rate of 2%. How much

interest will Augusta owe at the end of 3 years? A=$2 B=$6 C=$24 D=$240

2 answers:

jok3333 [9.3K]3 years ago

5 0

C=$24

2% of $400 is $8 so 8x3years is $24

Svet_ta [14]3 years ago

5 0

Answer:

24

Step-by-step explanation:

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