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2 years ago

8

I borrowed $400 to buy an MP3 player. I got a two-year loan, and the lender is charging 8% simple annual interest. How much mone

y will I have to pay back?
What decimal is equivalent to 8%?

1 answer:

hichkok12 [17]2 years ago

6 0

Answer:

$464 (0.08 is the decimal form of 8%)

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

<u><em>Explanation</em></u>:-

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