Mathematics, 25.02.2020 05:23 gavincoscarat760
Suppose you borrow $500 and you plan to pay it back all at once in 5 years. You are charged 2% interest compounded monthly.
What is the total amount you will need to pay when the loan is due?
Round your answer to the nearest dollar.
Answers: 2
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Suppose you borrow $500 and you plan to pay it back all at once in 5 years. You are charged 2% inter...
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