Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that
she will pay on the loan?
$251.20
$1,004,80
$11.555.20
$13,564.80
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Home » Mathematics » Meredith borrows $12,560 and pays 2 percent simple interest each year for 4 years. What is the total amount of interest that she will pay on the loan? $251.20 $1,004,80 $11.555.20 $13,564.80