Question: I need a correct answer please as soon as possible Find the amount Erica owes at the end of 2 years if $5500 is loaned
Find the amount Erica owes at the end of 2 years if $5500 is loaned to her at a rate of 7% compounded monthly. Use A=P(1+nr)nt The amount owed is $ (Do not round until the final answer. Then round to the nearest cent as needed.)
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