kaelynnimz kaelynnimz

03-05-2021
Mathematics

contestada

your 5-year loan of $14 000 is at 4.3% compounded annually. How much will you have paid in total for your loan?

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esdlt720 esdlt720

04-05-2021

Answer:

$17, 280.00

Step-by-step explanation:

A= P(1+r)^t

A= 14000(1+0.043)^5

A= 17, 280

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