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3 years ago

13

Cam borrows $1,00 from her bank. She will pay back the loan at a simple annual interest rate of 4% over 4 years. How much will s

he pay back altogether?

1 answer:

Luba_88 [7]3 years ago

4 0

Do u mean $100 or $1000? If u meant $100 4% = $4 multiply by 4 = $16 (total interest) altogether 100 + 16 = $116.

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