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1. 2. 3. If you lend $1,000 to a friend for 5 years at an interest rate of 2%, how much will she owe you
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If you lend $1,000 to a friend for 5 years at an interest rate of 2%, how much will she owe you in 5 years? Round to the nearest cent. Numeric Answer: If you borrow $10,000 for 10 years at an interest rate of 5%, what are the annual payments you'd have to make to pay it off? Round to the nearest cent. Numeric Answer: You are about to buy a Tesla Model 3 for $38,990. If you pay 5% down and finance the rest at a 5.0% rate for 3 years, what will be your monthly payments? Round to the nearest cent. Numeric 2.
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