Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

For a loan of $40,000 at 12% for 10 years, how much do you wind up paying back?

88,000
8,000
80,000
plz show work

Sagot :

CAA097

Answer:

um

Step-by-step explanation:

um

40,000x.12=4,800
4,800x10=48,000
48,000-40,000=8000
Answer is 8,000
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.