Register

Myas roof was leaking so she need money fast she borrowed $12,000 from the bank for repairs it is a 5 year loan and she is being charged simple annual interest at a rate of 7.5%…

Myas roof was leaking so she need money fast she borrowed $12,000 from the bank for repairs it is a 5 year loan and she is being charged simple annual interest at a rate of 7.5%…
asked 39.1k views
0 votes
myas roof was leaking so she need money fast she borrowed $12,000 from the bank for repairs it is a 5 year loan and she is being charged simple annual interest at a rate of 7.5% how much interest can mya expect to pay over the life of the loan

asked
User Ann Jenny
by
8.2k points

2 Answers

4 votes

Answer:

4500 dollers

Explanation:

answered
User Aaron Montgomery
by
7.9k points
5 votes

She will have to give $4500 interest.

answered
User Citizen
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!