Mathematics, 15.06.2021 16:20 HybridShadow3942
Tom and Kathy want to borrow $35,000 in order to build an addition to their home.
Their bank will lend them the money for 12 years at an interest rate of 5 %%. How
much will they pay in interest to the bank over the life of the loan?
A. $330,34
B. $12,568.96
C. $47,568.96
D. $13, 568.96
Answers: 3
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Tom and Kathy want to borrow $35,000 in order to build an addition to their home.
Their bank will l...
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