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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 interest after a year?​
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29 votes
29 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 Prateeknischal
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2 Answers

20 votes
20 votes
after a year he will owe $82,000 If u need an equation I can give one!
User Dicroce
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2.6k points
17 votes
17 votes

after one year he will owe the bank 82,000.00

User Jcgil
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3.1k points
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