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4. Jean borrows $12,000 for 8 years at 6% interest. What is the approximate cost of the loan? What is Jean's approximate total cost? What is Jean's approximate monthly…

4. Jean borrows $12,000 for 8 years at 6% interest. What is the approximate cost of the loan? What is Jean's approximate total cost? What is Jean's approximate monthly…
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17 votes
4. Jean borrows $12,000 for 8 years at 6% interest. What is the approximate cost of

the loan? What is Jean's approximate total cost? What is Jean's approximate
monthly payment?

Pls solve!!!

User Brittiany
by
7.7k points

1 Answer

4 votes
Answer: 5760
Explanation: 12,000 x 8 x .06= 5760
User Jeehee
by
7.8k points
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