Denis borrowed $6000 at a rate of 9.5% per year. How much did he have to pay after 10 years?
please show workingg

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1. Answer:

   we know that,

   [tex] \frac{principle \times rate \times time}{100} = interest[/tex]

   so,

   [tex] \frac{6000 \times 9.5 \times 10}{100 } = 5700[/tex]

   now,

   principle+interest=6000+5700=11,700

   so he had to pay $11,700

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