Acompany borrows $63 comma 000 for 7 years at a simple interest rate of 9.5 %. find the interest paid on the loan and the total amount paid.

The interest paid on the loan is $41,895

the total amount paid is $104,895

Step-by-step explanation:

where is the figure

the correct answer is b. negative exponential growth.

step-by-step explanation:

you can tell it's an exponential function because it decreases rapidly then levels out and never touches the x-axis.

it is negative because the y-axis decreases as the x-axis increases.

therefore it is a negative exponential growth graph.

hope i !