koreybowers
koreybowers koreybowers
  • 04-05-2020
  • Mathematics
contestada


The Jones family plans to borrow $22,000 for 15 years. If the interest rate is 4.25%, how much will the family pay in interest ?

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squeals259
squeals259 squeals259
  • 04-05-2020

Answer:

344025

Step-by-step explanation:

20,000 x decimal multiplier

decimal multiplier = 1.0425

20,000 x 1.0425 = 20850

20850 x 15 = 344025

Answer Link
lucashartsell4
lucashartsell4 lucashartsell4
  • 12-10-2020

Answer:

140250

Step-by-step explanation:

Answer Link

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