Mathematics, 06.01.2021 03:40 edisonsitesuper9312
Howie wants to get a 1-year loan of dollars, d, with 4% simple interest rate. Which expression can be used to find the total amount that must be repaid on this loan?
2Points
Select the two choices that apply.
A
1.04d
B
d + 0.4d
C
d + 0.04d
D
d + 1.04d
If Howie's loan is for $200, what is the total amount of money Howie would pay back at the end of one year?
A
$4
B
$8
C
$208
D
$280
Answers: 2
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