Solved: John soon borrowed 15000 for 2 12 years with interest at 8, Mathematics

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John soon borrowed 15000 for 2 12 years with interest at 8

Find what is required in each problem with the formula and step:

John soon borrowed $150,00 for 2 1/2 years, with interest at 8%. How much must he repay at the end of the term?
Ricky Loaned his his friend, Frank $100,000 for 1 1/2 years at 9%. what is the amount that frank must pay when the loan expires?

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Mathematics: John soon borrowed 15000 for 2 12 years with interest at 8

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Mathematics: John soon borrowed 15000 for 2 12 years with interest at 8

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