you are starting your own small business in Albuquerque. you borrow $10,000 from a bank at 9% rate for 5 years find the interest you will pa

Question

you are starting your own small business in Albuquerque. you borrow $10,000 from a bank at 9% rate for 5 years find the interest you will pay on this loan

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    2021-09-11T08:45:12+00:00

    A=P
    10,000(1+0.09.5) = 14,500
    =$4,500 interest

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