Dante1005al Dante1005al

11-02-2021
Mathematics

contestada

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

80,000
48,000
88,000
8,000

Respuesta :

gmercer8539 gmercer8539

11-02-2021

Answer:

$88,000

Step-by-step explanation:

40,000*.12= 4,800

4,800*10= 48,000

40,000+48,000= 88,000

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