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3) Kelsey takes out a loan for $8000 to start a business after high school. The bank charges her 8% interest for the loan. After 5 years how much interest will be added on to th…

3) Kelsey takes out a loan for $8000 to start a business after high school. The bank charges her 8% interest for the loan. After 5 years how much interest will be added on to th…
asked 58.1k views
4 votes
3) Kelsey takes out a loan for $8000 to start a business after high school. The bank

charges her 8% interest for the loan. After 5 years how much interest will be added
on to the loan? show work!!

asked
User Master Po
by
8.1k points

1 Answer

4 votes
Do £8000 x 5 = answer

Answer divide by 100 = final answer
answered
User Jospratik
by
7.9k points
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