limelight2407 limelight2407
  • 20-01-2021
  • Mathematics
contestada

On a loan of $4,500 for 2 1/2 years at 4% per year, how much do you wind up paying to pay off the loan?

$4,545
$5,150
$4,050
$4,950

Respuesta :

kiley4817 kiley4817
  • 21-01-2021
$4,050

put it into calculator
Answer Link
ZerbeM262
ZerbeM262 ZerbeM262
  • 28-01-2021

Answer:

4,950

Step-by-step explanation:

4% of 4,500=180

180*2=360

180 divided by 2=90

360+90=450

4,500+450=4,950

Answer Link

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