you are starting your own small business in Albuquerque. you borrow $10,000 from the bank at 9% rate for 5 years. find the inter est you will pay on this loan.
1 answer:
Answer:
2,455
Step-by-step explanation:
Your monthly payment on a personal loan of $10,000 at a <em>9%</em> interest rate over a 5-year term would be $208. You would pay <em>$2,455</em> in total interest over the life of this loan.
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Answer:
4
Step-by-step explanation:
Variable: X = Unknown Number
2x + 4 = x + 8
2x - x = 8 - 4
x = 4
Check:
2(4) + 4 = 4 + 8
8 + 4 = 12
12 = 12
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