brittanywest54
brittanywest54 brittanywest54
  • 10-03-2021
  • Mathematics
contestada

A company borrows $75,000 for 8 years at a simple interest rate of 7.5%. Find the interest paid on the loan and the total amount paid.
The interest paid on the loan is ?

Respuesta :

hihi61266 hihi61266
  • 10-03-2021
The interest is $58,760.84
The total is $133,760.84
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