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18 December, 18:24

The office manager of First Tech Support borrowed $25,000 to purchase new computers for employees. The bank charges 6 percent interest for 4 years. How much interest will the company pay in all? a. $1,200 b. $1,500 c. $4,800 d. $6,000

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  1. 18 December, 18:46
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    B) $1,500 ...
  2. 18 December, 18:47
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    The answer is $6,000, because you multiply the 25,000 times. 6 percent for interest, then multiply $15000 times. 4 years and $6000 will be what you pay in interest.
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