SOLUTION
150
6 Lilia borrows $400 at a yearly simple interest rate of 6%. She writes the expr...
Mathematics, 09.04.2021 03:10 nhdhdj
SOLUTION
150
6 Lilia borrows $400 at a yearly simple interest rate of 6%. She writes the expression
400 + (0.6 x 400) to represent the total amount of money she will pay back for
borrowing the money for 1 year, Is Lilia's expression correct? Explain your answer
and determine the amount of money Lilia will need to pay back after 1 year.
I
430
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