Find the total simple interest on a $200 loan at a 5% annual interest for 4 years

Question

Find the total simple interest on a $200 loan at a 5% annual interest for 4
years

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Faith 3 weeks 2021-09-28T04:56:31+00:00 2 Answers 0

Answers ( )

    0
    2021-09-28T04:58:11+00:00

    200*5*4=$4000. Done

    0
    2021-09-28T04:58:17+00:00

    Answer = 243.10 (2 decimal places )

    200 x 1.05^4 = 243.10125

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45:7+7-4:2-5:5*4+35:2 =? ( )