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If you borrow $800 for 10 years at an annual interest rate of 12%, how much will you pay altogether?
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1 vote
If you borrow $800 for 10 years at

an annual interest rate of 12%, how
much will you pay altogether?

User Deepak Pandey
by
4.7k points

2 Answers

3 votes

Answer:

1760

Explanation:

User Christopher Milne
by
4.9k points
2 votes

Answer:

$1,760

Explanation:

800*0.12=96

96*10=960

I=960

960+800=1760

User Alex Nik
by
5.5k points
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