Im having trouble with a couple questions Please show work s

I\'m having trouble with a couple questions. Please show work so I can understand. Thanks!

If you took a loan of $10,000 from a bank that is charging 8% per year compounded monthly how much money will you have to pay at the end of one year if you made no payments in between? O$10,000 O$10,245 O $10,562 O s $10,830

Solution

Amount to be paid in one year = 10,000*(1 + 8%/12)^12 = 10,830

b. amount at the end of 15 years = 2000 * e0.12*15 = 12,099

I\'m having trouble with a couple questions. Please show work so I can understand. Thanks! If you took a loan of $10,000 from a bank that is charging 8% per yea

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