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If you borrow $800 for 10 years at an annual interest rate of 12%, how much will you pay altogether?

If you borrow $800 for 10 years at an annual interest rate of 12%, how much will you pay altogether?
asked 81.8k views
1 vote
If you borrow $800 for 10 years at

an annual interest rate of 12%, how
much will you pay altogether?

asked
User Deepak Pandey
by
7.4k points

2 Answers

3 votes

Answer:

1760

Explanation:

answered
User Christopher Milne
by
7.3k points
2 votes

Answer:

$1,760

Explanation:

800*0.12=96

96*10=960

I=960

960+800=1760

answered
User Alex Nik
by
8.8k points
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