quill118 quill118

18-03-2021
Mathematics

contestada

Jose wants to borrow $50,250 to open a restaurant. He wants to borrow the money over 10 years at a yearly interest rate of 3.3%.

How much interest will Jose pay?

Respuesta :

18-03-2021

Answer: $16,582.50

Step-by-step explanation:

$50,250 x 3.3% = 1658.25 x 10 = $16,582.50

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