mintychocolatewinter mintychocolatewinter
  • 14-04-2022
  • Mathematics
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Marcus is buying a car. He borrows $10,000 from the bank at a 9% rate for 5 years. At the end of the 5 years, how much interest does Marcus pay?

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burdifyy burdifyy
  • 14-04-2022

Answer:

$4500 in interest.

Step-by-step explanation:

9% of 10,000 is 900, 900 x 5 is 4500

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