Question

Sabrina took out a loan for $60,000 to pay for her child's education the loan must be repaid at the end of eight years in one payment with interest of %6 the total amount sabrina has to pay back at the end of the loan is

Answer 1

Answer:

i hope this will help u !!!!

6% means 6/100 so

loan took=$60,000

loan she has to pay= 60,000×6/100 = 600×6 = 3600

:: she has to pay $60,000 + 3600 = $63,600

thankyou

Answer 2

Answer:

Sabrina is not very well educated nor are you.

Step-by-step explanation:

They was no educational purpose of posting this answer bcs sabrina is probably also like you and is financially struggling and she is a low lifed maniac and so are you