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tatiyna
3 years ago
8

Shauna borrows $400 from her parents to buy a phone. She agrees to pay them back plus a 4% simple interest over one year. Write

an equation representing the total amount Shauna owes her parents.
Mathematics
1 answer:
I am Lyosha [343]3 years ago
4 0

Answer:

----------------------------------------------------

Information

----------------------------------------------------

Amount = $400

Interest rate = 4% a year

----------------------------------------------------

Equation

----------------------------------------------------

Total amount = 400 + 0.04(400)

Total amount = 400 + 16

Total amount = $416

----------------------------------------------------

Answer: Total Amount = 400 + 0.04(400)

----------------------------------------------------

Step-by-step explanation:

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