How much will you pay back a bank in total for a $100,000 loan at 5% interest?

asked Aug 26, 2021 142k views

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1 vote

Answer:

$105,000

Explanation:

100,000/.05 = 5000

100,000+5,000=$105,000

- Hope that helped! Please let me know if you need further explanation.

4.3k points

7 votes

150000 cash buddy boi

Joshua Kissoon answered Sep 2, 2021

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