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your family plans to start a small business in your neighborhood. Your father borrow $10,000 from the bank at an annual interest rate of 8% rate for 36 months. What is the amount of interest you will pay
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your family plans to start a small business in your neighborhood. Your father borrow $10,000 from the bank at an annual interest rate of 8% rate for 36 months. What is the amount of interest you will pay on his loan?​

User Asya
by
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2 Answers

6 votes
8000 falafs should be the answer
User William Xifaras
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6.0k points
0 votes

Answer:

800 dollars

Explanation:

To find the answer, you should multiply 10,000 by 8% or 0.08 = 800

User Shaffick
by
5.1k points
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