Question

Charlie and Kathy want to borrow $21254 to make some home improvements. Their bank will lend them the money for 9 years at an interest rate of 5.07%. How
much will they pay in interest?

Answer 1

Answer:

$ 9698 will be paid paid in interest.            hope this helps.

Step-by-step explanation:

interest= prn/100

i= 21254x9x5.07/100

i= $ 9698.2