angelm12807 angelm12807
  • 01-02-2020
  • Mathematics
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The Jones family wants to remodel the kitchen. They have saved $23,000 in the last 2 years. Their contractor say the remodel cost $40,000. They can borrow the difference at a monthly interest rate at 2% simple interest. If they pay the loan off in 6 months, how much will they have paid?

Respuesta :

beingteenowfmao
beingteenowfmao beingteenowfmao
  • 01-02-2020

Answer:

$19,040

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