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2 years ago

5

Your family plans to start a small business in your neighborhood.Your father borrows $10,000 from the bank at an annual interest

rate of 8% for 36 months. What is the amount of interest he will pay on his loan?

1 answer:

Temka [501]2 years ago

4 0

Answer:

10000*8%*3

=$2400 loan interest

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