Mathematics, 25.12.2021 09:30, colemomdad11

4. Vince borrows $900 to buy a couch. He will pay off the loan by paying 1.5% simple interest for 2 years. Vince incorrectly calculates
the amount he will pay back using the expression below.
900 + 900(1.015 • 2)
What is the correct amount Vince will pay back altogether? Explain
the error in Vince's expression.

4. Vince borrows $900 to buy a couch. He will pay off the loan by

paying 1.5% simple interest for

Answers: 2

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4. Vince borrows $900 to buy a couch. He will pay off the loan by paying 1.5% simple interest for...