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Solve the Problem $4100\$ 4100 Is Borrowed At 7.2%7.2 \% Simple Interest for 3 Years

Question 209

Multiple Choice

Solve the problem.
-Find the total amount that must be repaid if $4100\$ 4100 is borrowed at 7.2%7.2 \% simple interest for 3 years.


A) $4395.20\$ 4395.20
B) $5808.33\$ 5808.33
C) $4985.60\$ 4985.60
D) $885.60\$ 885.60

Correct Answer:

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