Bryan takes out an unsubsidized loan of $3,000 with an interest rate of 5%/per year. How much will he owe at time of graduation?
2 answers:
Answer: $3,600
Explanation:
3,000 * 0.05 = 150
150 * 4 = 600
3,000 + 600 = 3,600
Answer:
Explanation:
C
5%3000 = 150
150 x 4 = 600
3000 + 600 = 3600
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