Q: How much would you repay the bank if you borrowed 7900 at 4.3 percent annual interest for 6 years?

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5% per year, simple interest.

You already gave the simple interest - 9 percent. Rethink and ask your question again.

Interest each year is 275 × 4% = 275 × 4/100 = 11 → total interest over 4 years is 4 x 11 = 44 → total to repay after 4 years is 275 + 44 = 319

20,000 + 2(0.05)(20,000) = 22,000

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If you figures are correct you did not pay any interest you did not even repay all the capital.

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5% per year, simple interest.

Typically, the amount you pay for an emergency cash advance or payday advance loan is 15 to 30 percent of the amount borrowed. Most often the rate is $25 per $100 borrowed. That amounts to a 650% APR, but you normally repay it in two weeks.

You already gave the simple interest - 9 percent. Rethink and ask your question again.

If you borrow money, you should repay who you borrowed it from to avoid debts.

1333.67 pounds in interest if you also repay the capital with a constant monthly repayment of 111.12pounds, if you repay only interest you pay 2384 pounds over the 4 years.

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people overspeculating on stocks, using borrowed money that they couldn't repay

That depends on how long it takes to repay the loan. If you repay the loan in one go at the end of 12 months you would pay 612.00 in interest plus the loan of 1,700.00 a total of 2,312.00

Interest each year is 275 × 4% = 275 × 4/100 = 11 → total interest over 4 years is 4 x 11 = 44 → total to repay after 4 years is 275 + 44 = 319