What’s the answer???
1 answer:
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Answer:
Step-by-step explanation:
Alright, lets get started.
Principal amount Joshua borrowed, P = $ 25000
rate of interest, r = 1.5 %
time, t = 2 years
simple interest =
simple interest =
Means $ 750 will be the interest of Joshua's loan.
So, Joshua needs to repay the SBA =
Hence, Joshua will repay $ 25750 to SBA after two years. : Answer
Hope it will help :)