Carolyn Smith borrowed $6,300 at 8 % for three years compounded annually. What is the compound amount

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Carolyn Smith borrowed $6,300 at 8 ½% for three years compounded annually. What is the compound amount of the loan and how much interest will she pay on the loan?

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Question Posted: Mar 11, 2016 01:53 AM

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Carolyn Smith borrowed $6,300 at 8 % for three years compounded annually. What is the compound amount

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63001 0085 683550 first year 683...View the full answer

Business Math

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