jamesanthonybush jamesanthonybush

03-12-2018
Mathematics

contestada

A company borrows $63 comma 000

for 7

years at a simple interest rate of 9.5
%.
Find the interest paid on the loan and the total amount paid.

Respuesta :

jordanpeterson1220 jordanpeterson1220

03-12-2018

Answer:

The interest paid on the loan is $41,895

the total amount paid is $104,895

Step-by-step explanation:

Answer Link

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