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You have been working hard and saving money to buy your first used car – woo hoo! But you still need more money. (It’s an expensive car!) Yo
Question
You have been working hard and saving money to buy your first used car – woo hoo! But you still need more money. (It’s an expensive car!) You borrow $10,000 from the bank at a 9% rate for 5 years. How much interest will you pay on this loan? Write your answer as a number with no dollar sign.
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3 years
2021-08-21T19:49:03+00:00
2021-08-21T19:49:03+00:00 1 Answers
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Answer:
4500
Step-by-step explanation:
10000 x .09 x 5