Ask your own question, for FREE!
Mathematics 12 Online
OpenStudy (anonymous):

Retrice

OpenStudy (anonymous):

Suppose a bank loans $7,200 at an interest rate of 4% compounded annually. Find the total amount owed on the loan after 4 years.

OpenStudy (anonymous):

is it multiple choice

OpenStudy (anonymous):

yes hold on

OpenStudy (anonymous):

there is something wrong with my computer.

OpenStudy (anonymous):

you go to k12 what grade

OpenStudy (anonymous):

B. $8422.98 C. $27,659.52 D.29,952.00

OpenStudy (anonymous):

A.$7787.52

OpenStudy (anonymous):

what unit and lesson is this

OpenStudy (anonymous):

i don't see the lesson on mine and im in 8th

OpenStudy (anonymous):

if it's 4 years, A = 7200*1.04^4 = $8422.98 <-----

OpenStudy (anonymous):

lol

OpenStudy (anonymous):

:p well i dont have it onn my lesson in math and im in 8th and im in k12

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!