Advanced Placement (AP), 13.07.2021 16:30 dollangellface22

Suppose you borrowed $10,000 via a pure discount loan at 6.25 percent interest per year and were going to pay back both principal and interest in
five years. How much interest would you pay?

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More questions: Advanced Placement (AP) Another questions

Suppose you borrowed $10,000 via a pure discount loan at 6.25 percent interest per year and were going to pay back both principal and interest in five years. How much interest would you pay?

Answers

Another question on Advanced Placement (AP)

Suppose you borrowed $10,000 via a pure discount loan at 6.25 percent interest per year and were going to pay back both principal and interest in
five years. How much interest would you pay?