4 years ago

The Jones family plans to borrow $22,000 for 15 years. If the interest rate is 4.25%, how much will the family pay in interest ?

Mathematics

2 answers:

Cloud [144]4 years ago

7 0

Answer:

140250

Step-by-step explanation:

Umnica [9.8K]4 years ago

4 0

Answer:

344025

Step-by-step explanation:

20,000 x decimal multiplier

decimal multiplier = 1.0425

20,000 x 1.0425 = 20850

20850 x 15 = 344025

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