Asked by perseverance smith
Linda borrows 4000 from his father to go on a trip to Kenya.he will have to pay the money back in 10 years time.his father will charge him a simple interest rate of 4% p.a.how much will Linda have to repay after 10 years?
Answers
Answered by
Ms. Sue
I = Prt
I = 4,000 * 0.04 * 10
I = 1,600
4,000 + 1,600 = ?
I = 4,000 * 0.04 * 10
I = 1,600
4,000 + 1,600 = ?
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