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For a loan of $40,000 at 12% for 10 years, how much do you wind up paying back? $80,000 $48,000 $88,000 $8,000

For a loan of $40,000 at 12% for 10 years, how much do you wind up paying back? $80,000 $48,000 $88,000 $8,000
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For a loan of $40,000 at 12% for 10 years, how much do you wind up paying back?

$80,000
$48,000
$88,000
$8,000

asked
User Jamik
by
7.8k points

1 Answer

2 votes

Answer:

B . 4800

Explanation:

12 percent of 40000 = 4800.

answered
User Webdeb
by
8.2k points
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