Mathematics, 15.12.2021 15:40 kevonmajor

Simple interest = P × r × t Kate borrowed $400 from her friend. She will repay this amount plus 3 percent simple interest after one year. What is the total amount she will pay her friend?

A.
$401.20
B.
$412.00
C.
$400.12

Answers: 3

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Simple interest = P × r × t Kate borrowed $400 from her friend. She will repay this amount plus 3...