Multiple Choice
Solve for y.
-Hannah borrowed $52,084 at 5% simple interest for 18 months. How much will the interest amount to? What is the total amount that she will have to pay back at the end of 18 months? Round answers
To the nearest cent if necessary.
A) $3939.13; $56,023.13
B) $3906.30; $55,990.30
C) $3689.28; $55,773.28
D) $4123.32; $56,207.32
Correct Answer:
Verified
Correct Answer:
Verified
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