SOLUTION: if you borrow $675 for six years at an interest rate of 10%, how much interest will you pay?

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Question 1075647: if you borrow $675 for six years at an interest rate of 10%, how much interest will you pay?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
if you borrow $675 for six years at an interest rate of 10%, how much interest will you pay?
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Depends.
Is the interest compounded? If so, at what intervals?
Is the interest based on the balance?
What are the payments?
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And, most important, what deal did you make with the lender?