Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that
she will pay on the loan?
$251.20
$1,004,80
$11.555.20
$13,564.80
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Mathematics » Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan? $251.20 $1,004,80 $11.555.20 $13,564.80