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pochemuha
3 years ago
13

If you borrow $300 for 7 years at

Mathematics
2 answers:
labwork [276]3 years ago
6 0

Answer:

489$

Step-by-step explanation:

0.09 * 300 = 27

27 * 7 = 189

300 + 189 = 489

fiasKO [112]3 years ago
3 0

Answer:

If you borrow $300 for 7 years at an annual interest rate of 9%.

Finally, you will have to pay an amount of money:

A = principal x (1 + rate)^year

  = 300 x (1 + 9/100)^7

  = 548.41

Hope this helps!

:)

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