Multiple Choice
Use the appropriate formula to solve the problem.
-Levi borrowed $3859 at 14% simple interest for 4 months. How much will the interest amount to? What is the total amount that Levi will have to pay back at the end of 4 months? Round answers to the nearest cent if
Necessary.
A) $135.07; $3994.07
B) $180.09; $4039.09
C) $225.11; $4084.11
D) $181.60; $4040.60
Correct Answer:
Verified
Correct Answer:
Verified
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