vanessa0909 vanessa0909

21-10-2018
Mathematics

contestada

Mark takes out a loan for 30000 to add on a new exam room for his practice if the bank charges 5.4% interest how much interest will he pay in 5 years?

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ZerpPickle ZerpPickle

21-10-2018

5.4% of 30,000 is 1620 per year
1620×5=8100 after 5 years

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shahriarshabibox0lzy shahriarshabibox0lzy

21-10-2018

Answer:

He will pay $8,100 in 5 years.

Step-by-step explanation:

5.4 x 5 =27%

30,000 x 0.27 = $8,100

Answer Link

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