Math, asked by izzykelleher, 10 months ago

robert gets a loan from his bank he agrees to borrow £6000 at a fixed annual simple intrest rate of 7% he also agrees to pay the loan back over a 10 year period how much money in total will have paid back at the end of the 10 years

Answers

Answered by haridasan85

3

Answer:

SI=pNR/100=6000x10x7/100=4200

Total to be paid=6ooo+4200

= £10 200. Ans

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