Question

Emily borrows £580 from a bank at an interest rate of 896 per year.

Answer 1

Answer: £4,164

Step-by-step explanation: multiply 896 by 4 to get £3,584 next add 580 to 3,584 to get £4,164

Answer 2

Answer: 4,164

Step-by-step explanation: I am confused if the 896 is a percent or the money she owes every year, now here is the explanation.

Emily took the £580 and after the 4 years she owes 896*4 = £3,584 plus the original £580 which is £4,164

If it it without the original £580 then the answer is 896*4 = £3,584

If that is not correct then i am sorry