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If you borrow $100 for 5 years at an annual interest rate of 8%, how much will you pay all together​
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1 vote
If you borrow $100 for 5 years at an annual interest rate of 8%, how much will you pay all together​

User Silasjmatson
by
7.8k points

1 Answer

2 votes

Answer:

$140

Explanation:

interest = 8x5 = 40

total = time + interest

total = 100 + 40 = $140

User DAme
by
7.1k points
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