If you borrow $1,400 for 6 years at 7% annual simple interest, how much must you repay at the end of the 3 years? Round your answer to the nearest dollar.
A) $2,114
B) $7,280
C) $1,890
D) $2,086
E) $1,988

Question

If you borrow $1,400 for 6 years at 7% annual simple interest, how much must you repay at the end of the 3 years? Round your answer to the nearest dollar. ​
A) $2,114
B) $7,280
C) $1,890
D) $2,086
E) $1,988

Quizplus · Accepted Answer

The Answer of If you borrow $1,400 for 6 years at 7% annual simple interest, how much must you repay at the end of the 3 years? Round your answer to the nearest dollar. ​
A) $2,114
B) $7,280
C) $1,890
D) $2,086
E) $1,988

If You Borrow $1,400 for 6 Years at 7% Annual