Owen borrows $25,000 for 5 years at a 6% interest. What is the cost of the loan, or total interest? $7,500
O $7,000
$10,000
O $5,000

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a1supernut37owozkj

20.01.2021

Mathematics

The answer is A.

Step-by-step explanation:

I jus got it right on the practice quiz on edge.

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Owen borrows $25,000 for 5 years at a 6% interest. What is the cost of the loan, or total interest? $7,500 O $7,000 $10,000 O $5,000