Mathematics, 08.01.2021 18:20 abby1919

Hosea borrowed $20,000 to buy a new speed boat. The interest rate on his loan is 5%. If he plans to pay the loan back in three years, how much interest will he pay? What will be the total cost that he will owe including interest?

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Hosea borrowed $20,000 to buy a new speed boat. The interest rate on his loan is 5%. If he plans to...