Kyle borrows $25,000 from capital one bank to be repaid in 4 years. The bank charges an annual rate of 4.5% simple interest. How much will kyle pay back to the bank at the end of 4 years in terms of principal and interest?
Please hel

abc

Step-by-step explanation:

1 g 3  h6h htyh6

$3720

step-by-step explanation:

taxable income = $31000

as per the 2018-2019 us tax bracket, the tax rate is 12% for an individual whose taxable income is between $9,526 to $38,700.

so, the tax to be paid by him = 12% of 31000

= 0.12 * 31000     [12% converted to decimal as 0.12]

= $3720