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Ann borrowed $6000 from the bank for 5 years at 12% rate. How much does she owe the bank? I need your help PLEASE!!!
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Ann borrowed $6000 from the bank for 5 years at 12% rate. How much does she owe the bank? I need your help PLEASE!!!

User Aaron Gibson
by
7.7k points

1 Answer

8 votes

Answer:

Anna owes $3600 to the bank

Explanation:

12/100 * 6000 = 720 * 5 years

= $3600

Hence Anna owes $3600 to the bank

User Frank Hoffman
by
7.9k points
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