Question

An amount of
$27,000
is borrowed for
6
years at
8.25%
interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

Answer 1

i = .0825
n = 6

amount = 27000(1.0825)^6
= .....

Answer 2

jydtg

Answer 3

778