asked 21.8k views
24 votes
Robert gets a loan from his bank. He agrees to borrow £6 000 at a fixed annual simple interest rate of 7%. He also agrees to pay the loan back over a 10-year period. How much money in total will he have paid back at the end of the 10 years?​

asked
User Sgargel
by
7.8k points

1 Answer

9 votes

Answer:

10,200 is the answer I used ×

answered
User Alex Steinberg
by
8.6k points
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