Asked by bella

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.
Answered by Reiny
amount = 6000(1.05)^8
= ....
Answered by Halley
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.
Answered by addmeonSC@ewezz15
ion even know...
Answered by Anonymous
diks
Answered by realbadg
if you dont know then why tf do you answer... tf
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