Your answer (4) Fredrick borrows $ 1200 for 3 years at a rate of 5.6% per year simple
interest. Work out the total amount he pays back at the end of 3 years.

The total amount he pays back will be $1,401.6

Step-by-step explanation:

First off, we transform 5.6% to a decimal and multiply it by 3 (years), and that will get us 0.168. Then we use the total amount borrowed and multiply it by 0.168 (total interest for 3 years). Finally, we add that to our total amount borrowed and we get the final answer.

1200 + (1200 * 0.168) = 1,401.6  

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step-by-step explanation:

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