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Tanzania [10]
3 years ago
15

suppose that britta decided to take out a private loan for $6,000 for which loan payments start as soon as the loan amount is de

posited in her account and continue for 10 years.
Mathematics
1 answer:
professor190 [17]3 years ago
5 0

so whats the question to me its feels like your tell us

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<u>Hope this helps and have a nice day!</u>

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3 years ago
Bill takes a loan of 9,000.00 at a 8% simple interrst rate for 6 years a.how much interest will he pay after 2 years? b. how muc
statuscvo [17]
To find the answer for A you add up the interest rate for 2 years which is 16% then find 16% of $9,000 which is $1,440 and that's his interest rate he will have to pay for 2 years. If you want to know how much he has to pay in total for 2 years you simply just add the interest rate $1,440to $9,000 and you get $10,440.

To find the answer for B you add up the interest rate for 6 years which is 48% then find 48% of $9,000 which is $4,320 and that's his interest rate he will have to pay for 6 years. If you want to know how much he has to pay in the total 6 years you simply just add the interest rate $4,320 to $9,000 and you get $13,320.

I hope that helped you.
7 0
3 years ago
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