John's auto repair just took out a $52,000, 10-year, 8 percent, interest-only loan from the bank. payments are made annually. what is the amount of the loan payment in year 10?

John's auto Repair will pay an interest of $4160 along with the principal amount of $52,000. Hence the total amount repaid is $56,160.

In an interest-only loan, the borrower will pay only the interest on the loan amount over a fixed time period. At the end of the designated time period, the borrower will have to either renegotiate the tenure and interest rate on the loan or repay the entire principal.

In this question, due to the absence of any other information, we can assume that John's Auto Repair will repay the principal at the end of year 10.

So, in year 10, John's Auto Repair will pay the interest for year 10 and the  principal amount.

The interest amount is calculated as .

The principal is $52000.

Hence the total payment is

the correct answer option is b. a single paragraph.

explanation:

when you are thinking about paragraph​ topics, you should always choose a subject that can be adequately addressed in a single paragraph.

a paragraph is a piece of writing consisting of a few sentences that deal with a single theme. it has only a single idea that the paragraph revolves around and talks about.

so a paragraph topic must be chosen wisely where a single idea can be communicated in a single paragraph.

i would get some file cabnitsits to store all my documents and paper work, then i would make sure to always keep my desk clean and organzed by using sticky notes to mark a stack of papers. and etc. but mainly i would just stay clean and organized because it will make lfe alot eaisier trust me. hope this !