document.write( "Question 1050515: a man borrowed 8480 $ for 4 years at 4% simple interest.how much money he have to save annually to pay his doubt \n" ); document.write( "

Algebra.Com's Answer #666085 by MathTherapy(10552) $\"\"$ $\"About$

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\n" ); document.write( "a man borrowed 8480 $ for 4 years at 4% simple interest.how much money he have to save annually to pay his doubt
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Simple interest for 4 years: $1,356.80
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document.write( "Amount to be repaid in 4 years: $8,480 + 1,356.80 = $9,836.80
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document.write( "Amount he needs to save each year:  \n" );
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