Asked by Anonymous

How much would you repay the bank if you borrowed $7,900 at 4.3% annual interest for 6 years?

14 years ago

Answered by Henry

Pt = Po + rtPo,

Pt = 7900 + 0.043*6*7900,
Pt = 7900 + 2038.20 = $9938.20.

14 years ago

Answered by Animals!

$9938.20

9 years ago

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