Kelsey takes out a loan for $6000 to start a business after high school. The bank charges her 8% interest for the loan. After 5

Question

Kelsey takes out a loan for $6000 to start a business after high school. The bank charges her 8% interest for the loan. After 5 years how much interest will be added on to the loan?

Kunduz · Accepted Answer

Click to see the answer