Answer:
Karen will have to pay $9,450 back to the bank. If Karen gives monthly payments of $207.26, she will be able to pay off her loan in around 3.6 years.
Step-by-step explanation:
5% of 9,000 is 450
9,000+450=9,450
Karen will have to pay $9,450 back to the bank where there is a 5% interest rate.
