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  • 01-07-2021
  • Mathematics
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A company borrows $100,000 for 5 years at a simple interest rate of 10.5%. Find the interest paid on the loan
The interest paid on the loan is ?
The total amount paid is ?

Respuesta :

loconte loconte
  • 01-07-2021

Answer:

$52,500

$152,500

Step-by-step explanation:

$100,000 * .105 = $10500

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