Jay took out a small-business loan for 210,000. the terms of the loan are 5% annual interest for four years. jay will pay back $ by the end of the four years. show your work. a. 420,000 b.252,000 c. 168,000 d. 42,000

I will assume that this is a simple interest. In this problem, you are asked to find the future value of the loan at the end of four years.

The formula in finding the future value of the loan is:

F = P (1 + rt)

Where F = future value of the loan

             P = principal amount of the loan

             r = simple interest rate

             t = time in years

Substituting the amounts given in the problem:

F = 210,000 (1 + 5%x4)

   = 210,000 (1.2)

   = 252,000

Therefore, Jay will pay back $252,000 by the end of four years.

step-by-step explanation:

the most boring ever written

step-by-step explanation:

i am writing something. yes, i plan to make it the most boring thing ever written. i go to the store. a car is parked. many cars are parked or moving. some are blue. some are tan. they have windows. in the store, there are items for sale. these include such things as soap, detergent, magazines, and lettuce. you can enhance your life with these products. soap can be used for bathing, be it in a bathtub or in a shower. apply the soap to your body and rinse. detergent is used to wash clothes. place your dirty clothes into a washing machine and add some detergent as directed on the box. select the appropriate settings on your washing machine and you should be ready to begin. magazines are stapled reading material made with glossy paper, and they cover a wide variety of topics, ranging from news and politics to business and stock market information. some magazines are concerned with more recreational topics, like sports card collecting or different kinds of hairstyles. lettuce is a vegetable.