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(6th grade elementary) Mrs Reyes loaned a money in the bank at 2.5% per annum (per year). If he loaned an amount of 80,000.00, how much will he pay the bank including the intere…

(6th grade elementary) Mrs Reyes loaned a money in the bank at 2.5% per annum (per year). If he loaned an amount of 80,000.00, how much will he pay the bank including the intere…
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7 votes
(6th grade elementary)

Mrs Reyes loaned a money in the bank at 2.5% per annum (per year). If he loaned an amount of 80,000.00, how much will he pay the bank including the interest after a year?​

User Sanket Parmar
by
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2 Answers

3 votes
after a year he will owe $82,000 If u need an equation I can give one!
User StephenGuerin
by
7.7k points
5 votes

after one year he will owe the bank 82,000.00

User Padel
by
8.0k points
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