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dusya [7]
4 years ago
8

Ryan has an eight–year loan for $6,000. He is being charged an interest rate of 5 percent, compounded annually. Calculate the to

tal amount that he will pay.
Mathematics
2 answers:
MissTica4 years ago
5 0
6,000×1.05^(8)
=8,864.73
dimulka [17.4K]4 years ago
3 0
The answer is $8,864.73
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<u><em>Hi there! </em></u>

<u><em>Answer:</em></u>

<u><em>X>1</em></u>

<u><em>*The answer must have a positive sign and greater than symbol.*</em></u>

Step-by-step explanation:

First, you subtract by 3 from both sides of an equation.

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You can also divide by 2 from both sides of an equation.

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2/2=1

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I hope this helps you!

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