Answer:
$100,700
Step-by-step explanation:
Given data
Principal= $38,000
rate= 8.25%
Time= 20 years
Applying the simple interest
A=P(1+rt)
substitute
A=38000(1+0.0825*20)
A=38000(1+1.65)
A=38000*(2.65)
A=$100,700
Hence in 20 years she will pay $100,700
X= $18.05. Hope this helps! can i please get brainliest
After a series of calculations, I found out that the interest he has to pay in total would be <span>$117,484.77.
You might use my answer in reviewing by using your solution also.
I hope my answer has come to your help. God bless and have a nice day ahead!
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I have the same question can someone help