Frank is borrowing $9,000 for 4 years at an 8% interest rate. What is the total amount he owes after 4 years?

asked Jul 7, 2023 44.9k views

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Frank is borrowing $9,000 for 4 years at an 8% interest rate. What is the

total amount he owes after 4 years?

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1 vote

Answer:

$9,720

Explanation:

multiply $9,000 to 8%

9,000 × 8% = 720 [interest rate]

$9,000 + 720[interest rate] = $9,720

Smolo answered Jul 11, 2023

by Smolo

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