kgodat13 kgodat13
  • 25-11-2019
  • Mathematics
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if you borrow $500 for 6 years at an annual interest rate of 7% ,how will you pay all togther

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HelpYou68
HelpYou68 HelpYou68
  • 30-11-2019

Answer:

$3,210

Step-by-step explanation:

7% of 500 = 35

35 + 500 = 535

535 x 6 = 3,210

Answer = You would pay $3,210 all together.

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