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Patrick borrows $1400 from a bank with 10% simple interest each year. How much will Patrick need to pay back in total in 2 years?

Question 10 options:

$1,680


$1,400


$280


$10


Sagot :

Answer:

Step-by-step explanation:

9700  

Answer:

1680

Step-by-step explanation:

10% = 0,1

x = 1400×0,1×2

x = 1400×0,2

x = 280

Patrick will need to pay:

1400 + 280 = 1680

I hope I've helped you.