lovable39 lovable39
  • 02-06-2017
  • Mathematics
contestada


Ryan has an eight–year loan for $6,000. He is being charged an interest rate of 5 percent, compounded annually. Calculate the total amount that he will pay.



$7,657.69



$8,815.97



$8,864.73

Respuesta :

Pandapando
Pandapando Pandapando
  • 02-06-2017
6000(1+5/100)^8
=$8864.73
Answer Link

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