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Ben deposited $6,500 in an account paying 2.8% interest annually. After 12 years he will earn $3,240 in interest. Stephan took out a $30,000 loan at 8.5% interest annually. Over 20 years she will pay $90,000 altogether. Derek deposited $3,000 3 years ago and has earned $360 in interest so far. The interest rate on his account is 4%. Clint originally deposited $12,000 in an account paying 1.25% interest annually that he earned $1,155 in interest from over 5 years. Hector took out a $900 loan at 10.5% in

Author

YANET MENGISTU

Language

EN