Franco borrows $400 and will pay 4% simple interest. a) What will be the amount of interest if Franco pays back the loan in 1 year? Group of answer choices $560 $160 $416 $16

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

he earned 78.75 in interest.

step-by-step explanation: