Answer:
I think
50,000 x .08 (convert
8% to a decimal) = interest is $4,000
$4,000 x 10 = $40,000 in interest owed
$40,000 interest + $50,000 borrowed = $90,000 due after 10 year
$4000 x 8 = $32,000 in interest owed
$32,000 interest + $50,000 borrowed = $82,000.00 yielded to lender in 8 years
part c. is cut off I cannot read the rest.
Explanation:
think
50,000 x .08 (convert
8% to a decimal) = interest is $4,000
$4,000 x 10 = $40,000 in interest owed
$40,000 interest + $50,000 borrowed = $90,000 due after 10 year
$4000 x 8 = $32,000 in interest owed
$32,000 interest + $50,000 borrowed = $82,000.00 yielded to lender in 8 years
part c. is cut off I cannot read the rest.
