Register

Harold wants to borrow $1,400 for 5 years. The interest rate is 9%. How much interest will he pay over the course of the loan? A. $6,300 B. $2,030 C. $630 D. $126

Harold wants to borrow $1,400 for 5 years. The interest rate is 9%. How much interest will he pay over the course of the loan? A. $6,300 B. $2,030 C. $630 D. $126
asked 71.7k views
1 vote
Harold wants to borrow $1,400 for 5 years. The interest rate is 9%. How much interest will he pay over the course of the loan? A. $6,300 B. $2,030 C. $630 D. $126

asked
User Robert Green MBA
by
8.6k points

2 Answers

4 votes

Answer:

630

Explanation:

answered
User Christ
by
8.1k points
5 votes

Answer:

$630.00

Explanation:

$1,400.00 x .09 =$126.00 x 5 =$630.00

answered
User PSchn
by
8.1k 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
How do you estimate of 4 5/8 X 1/3
Link Copied!