SOLUTION: Mark takes a bank loan of $2100 to start up a business at an annual interest rate of 9% how much will he have to repay in 8 months

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Question 731992: Mark takes a bank loan of $2100 to start up a business at an annual interest rate of 9% how much will he have to repay in 8 months
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
2100*0.09*8/12=$126 interest
$2226 total