Mathematics, 11.06.2020 12:57, cadenbukvich9923

Dr. Drake is thinking about retirement and decides
to sail around the world once he retires. He buys a
sailboat for $125,000. He borrows the money at an
APR of 7.5% for five years. What will his total
interest be?

a. $46,875.30
b. $36,875.40
c. $25,284.61
d. $17.388.80

Answers: 2

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Dr. Drake is thinking about retirement and decides
to sail around the world once he retires. H...