Dana borrows 4000 pounds annually for her college education. If Dana gives her parents 2% of that amount back each month, how much will she still owe her parents after four years of college? Choose the correct choice from the following choices:
A) 11100 B) 11260 C) 12050 D) 12156 E) 12160
dana borrows 4000 and returns 2% per month.   so returns 80 per month. and 960 per year.   so dana owes  4000-960= 
<gadget id="calculator"> 4000-960</gadget>
<output>3_040</output>
3040 per year.   after 4 years she will owe 12160.   Ans (12160)
<result>E</result>
Dana borrows 4000 pounds annually for her college education. If Dana gives her parents 2% of that amount back each month, how much will she still owe her parents after four years of college?