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Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years. What is yearly payment amount? - $360 - $1,800 - $6,360 - $18,000 ​
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Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is yearly payment amount?

- $360

- $1,800

- $6,360

- $18,000

​

User Unnie
by
4.8k points

2 Answers

3 votes

Answer:

im pretty sure the answer is b sorry if im wrong

Step-by-step explanation:

User Jem
by
5.2k points
5 votes

Answer:

38,000

explanation:

take 30,00+1,800(interest paid)=$38,000 (yearly payment)

User Aftab Khan
by
5.4k points
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