Question

Denis is looking to buy a new car. He can take a loan out for $10,500 with an interest rate of 5% for 4 years. How much would his loan cost in total, including interest?

Answer 1

Answer: 12,600

Step-by-step explanation: 5% of 10,500 is 525. Multiply that by 4 and get 2,100. Add that to 10,500 and you get 12,600.

Answer 2

Answer:

12,600

hope this helps