4. Jada borrowed $1,000 for a new bike but had to pay back $1,000. How much interest does she have to pay? If her interest rate

Question

3 years ago

6

4. Jada borrowed $1,000 for a new bike but had to pay back $1,000. How much interest does she have to pay? If her interest rate

is 5%, how long will it take her to pay off the loan and interest? How much would she save if she borrowed the $1,000 at 4% for the same amount of time?

Mathematics

1 answer:

N76 [4] · Answer 1 · 2022-03-22T21:38:20+03:00

N76 [4]3 years ago

6 0

I don’t actually know what the answer is