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Ludwig borrowed $700,000 for a period of 2 years. His interest rate is 10%. How much interest will Ludwig pay in all?

Ludwig borrowed $700,000 for a period of 2 years. His interest rate is 10%. How much interest will Ludwig pay in all?
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1 vote
Ludwig borrowed $700,000 for a period of 2 years. His interest rate is 10%. How much interest will Ludwig pay in all?

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User Widor
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1 Answer

3 votes
By yearly interest or monthly? Yearly: he pays 840000 monthly: 2380000 sorry it’s so long just tryna help a bruthu or sister out I didn’t check yo username
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User Snehal Poyrekar
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