celestp24
celestp24 celestp24
  • 23-09-2021
  • Mathematics
contestada

David borrowed $2500 from his local bank. The yearly interest rate is 8%. If David pays the full principle and interest in the first year of the loan, how much money will he pay to the bank? PLEASE DO THE MATH :)

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adam2cool
adam2cool adam2cool
  • 23-09-2021
He pays $200 interest
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