Mathematics, 20.10.2020 21:01 phagonphillips4675

Brendon Walsh wants to borrow $40,000 from the bank. The interest rate is 6% and the term is for 5 years. What is the amount of interest paid?

$40,000

$480

$2,400

$24,000

Answers: 2

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Brendon Walsh wants to borrow $40,000 from the bank. The interest rate is 6% and the term is for 5 y...