Answer:
The total amount the customer would have to repay after one year is $1,007.
(2 Years = $1,067.42) (3 Years = $1131.47) (4 Years = $1199.36)
(5 Years = $1271.32)
Step-by-step explanation:
$950 • 6% = $57
$950 • 0.06 = $57
$950 + 6% = $1,007
I hope this helps.
