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$2,000 loan at 8% for 5 years.
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$2,000 loan at 8% for 5 years.

User Mohammadreza Abdoli
by
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2 Answers

3 votes
Yeahhh what they said ^^^^
User Tae Soo Kim
by
3.9k points
4 votes

Answer:

  • $2,800 = Principle + Interest

Explanation:

Using PRT/100, let's find the interest.

  • => 2,000 x 8 x 5/100
  • => 20 x 8 x 5
  • => $800

Conclusion:

Therefore, the interest plus principle is 2,000 + 800, which is $2,800.

Hoped this helped.


BrainiacUser1357

User Iban Arriola
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