LitGurl09 LitGurl09

10-04-2017
Mathematics

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You are starting a small business, you borrow 10,000 from the bank at a 9% rate for 5 years. What interest will you pay on this loan?

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alisapaige21 alisapaige21

10-04-2017

at lest 19% so 20,000

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triangles triangles

10-04-2017

9% interest on a $10,000 loan over 5 years

$2,455 TOTAL interest paid on loan.

The final you pay is $12,455 back to the bank.

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