Asked by jocelyn

Jenny borrowed $500 for five years at 4 percent interest, compounded annually. What is the total amount she will have paid when she pays off the loan?

total amount = P (1 + i)t
Answered by billy
Jenny borrowed $500 for five years at 4 percent interest, compounded annually. What is the total amount she will have paid when she pays off the loan?
Answered by jessica
$600
Answered by ashley
that is not the answer the answers are
A.
$608.33
B.
$729.99
C.
$765.77
Answered by chalitu
hope
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