trinitydomingu trinitydomingu

18-04-2017
Mathematics

contestada

1. Calculate the interest on a five-year loan of $13,950 at a 5.8% rate of interest.

Respuesta :

ecordell11 ecordell11

18-04-2017

well if its compounded annually
End Balance$18,492.79
Total Principal$13,950.00
Total Interest$4,542.79

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Aliwohaish12 Aliwohaish12

18-04-2017

I=prt
I=13,950×0.058×5
I==4,045.5

Answer Link

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