Register

You are starting your own small business. You borrow $10,000 from the bank at a 12% rate for 5 years. Find the interest you will pay on this loan.

You are starting your own small business. You borrow $10,000 from the bank at a 12% rate for 5 years. Find the interest you will pay on this loan.
asked 212k views
5 votes
You are starting your own small business. You borrow $10,000 from the bank at a 12% rate for 5 years. Find the interest you will pay on this loan.

asked
User PatNowak
by
8.6k points

1 Answer

3 votes

Answer: $3,346.67

Explanation:

answered
User Augusta
by
8.4k points
← Prev Question Next Question →

No related questions found

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
How do you estimate of 4 5/8 X 1/3
Link Copied!