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30 votes
30 votes
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 Edubba
by
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1 Answer

12 votes
12 votes

Answer:

Anna owes $3600 to the bank

Explanation:

12/100 * 6000 = 720 * 5 years

= $3600

Hence Anna owes $3600 to the bank

User Neilco
by
2.6k points