ShrimpNoodle ShrimpNoodle
  • 27-05-2021
  • Mathematics
contestada

I borrowed $400 to buy an MP3 player. I got a two-year loan, and the lender is charging 8% simple annual interest. How much money will I have to pay back?


What decimal is equivalent to 8%?

Respuesta :

Rayla11 Rayla11
  • 27-05-2021

Answer:

$464 (0.08 is the decimal form of 8%)

Step-by-step explanation:

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