Register
Santa borrowed $6,800 from a bank to buy new reindeer. The interest rate is 6.5% and will be paid back over 5 years. How much interest will Santa have to pay to the bank for this loan? A.$2,210.00 B.$88.
78.1k views
3 votes
Santa borrowed $6,800 from a bank to buy new reindeer. The interest rate is 6.5% and will be paid back over 5 years. How much interest will Santa have to pay to the bank for this loan?

A.$2,210.00
B.$88.40
C.$4,420,00

User Mdewitt
by
3.6k points

1 Answer

3 votes

Answer:c

Explanation:

User Stanojkovic
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.5m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!