Ask your own question, for FREE!
Mathematics 21 Online
OpenStudy (anonymous):

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?

OpenStudy (anonymous):

400 * .03 * 1 = 12

OpenStudy (anonymous):

so total amount is 412

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!