Mathematics, 17.08.2021 14:00, enevjordan
You and your family are planning a vacation of a lifetime around the world that will cost $25,000. You borrowed this amount from your bank with an annual interest rate of 10.5%. You decided to pay it back in 5 years. What is the interest that will accrue on this loan?
$3,125.00
$131,250
$13,125.00
$312.50
Answers: 2
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