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Ad libitum [116K]
3 years ago
14

You decide to open a small business in the Bronx. You borrow $15,000 from the bank at an annual interest rate of 7% for 24 month

s. What is the amount of interest you will pay on this loan?
Mathematics
2 answers:
Paladinen [302]3 years ago
7 0

Answer:

$2,100 interest

Step-by-step explanation:

15,000×7% = 1,050

1,050×2 = 2,100

Alina [70]3 years ago
7 0

Answer:

15000x2x7/100 = 210

Step-by-step explanation:

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