(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?

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asked Oct 7, 2023 178k views

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?

Mathematics
high-school

Sanket Parmar asked

by Sanket Parmar

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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!

StephenGuerin answered Oct 8, 2023

by StephenGuerin

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5 votes

after one year he will owe the bank 82,000.00

Padel answered Oct 14, 2023

by Padel

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