Mia agrees to borrow a 3-year loan with 4% simple interest to buy a motorcycle. Part A If Mia will pay a total of $444 in interest, how much money did she initially borrow? Enter your answer in the box. $ Part B How much interest would Mia pay if the simple interest rate were 5%? Enter your answer in the box. $

We have been given that Mia agrees to borrow a 3-year loan with 4% simple interest to buy a motorcycle.

A. Mia paid a total of $444 in interest. We are asked to find the amount of money borrowed by Mia initially.

We will use simple interest formula to solve our given problem.

, where,

I = Amount of interest,

P =  Principal amount,

r = Annual interest rate in decimal form,

t = Time in years.

Therefore, Mia initially borrowed $3700.

B. For part B we need to find amount interest paid by Mia at an interest rate of 5%.

Therefore, Mia will pay an amount of $55 in interest.

1. 3.4/4

2. 0.8/7

3. 0.5 x 3

4. 0.9 x 6

5. 10.8

6. 2.35

7. 0.567

8. 9.35

9. 0.02

10. 0.06

11. 0.16

12. 0.42

13. 0.63

14. 5.6

15. 8.1

16. 9.9

17. 0.28

18. 0.48

19. 0.27

20. 0.49

21. 0.45

22. 0.72

23. 0.9

24. 0.88

25. 0.75

26. 0.16

27. 0.328

28. 0.495

29. 0.72

30. 1.068

(23*2)-12=x     x=34

step-by-step explanation: