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PLEASE HELP! (interest rate) Ludwig borrowed $700,000 for a period of 2 years. His interest rate is 10%. How much interest will Ludwig pay in all? $[?]
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1 vote
PLEASE HELP! (interest rate)

Ludwig borrowed $700,000 for a
period of 2 years. His interest rate is
10%. How much interest will
Ludwig pay in all?
$[?]

User Siomara
by
8.1k points

1 Answer

3 votes

Answer:

By yearly interest or monthly? Yearly: he pays 840000 monthly: 2380000 sorry it’s so long just tryna help a bruthu or sister out I didn’t check yo username

User Vhaerun
by
7.6k points
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