_ 70% £ Robert gets a loan from his bank. He agrees to borrow £6000 at a fixed annual simple interest rate of 7%. He also agrees to pay the loan back over a 10-year period. How much money in total will he have paid back at the end of the 10 years?

Question
_ 70% £ Robert gets a loan from his bank. He agrees to borrow £6000 at a fixed annual simple interest rate of 7%. He also agrees to pay the loan back over a 10-year period. How much money in total will he have paid back at the end of the 10 years?
Answer:
_ 70% £ Robert gets a loan from his bank. He agrees to borrow £6000 at a fixed annual simple interest rate of 7%. He also agrees to pay the loan back over a 10-year period. How much money in total will he have paid back at the end of the 10 years? 6510586c73715.webp
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algebra 11 months ago 6053