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kompoz [17]
3 years ago
9

Beth will borrow 10,000 which earns 4% compound interest and she will repay that amount in 20 years. How much interest was earne

d on her loan
Mathematics
2 answers:
givi [52]3 years ago
7 0

Answer:

$11911.23

Step-by-step explanation:

10000 × (1.04)²⁰

= 21911.23143

Interest = 22911.23143 - 10000

= 11911.23143

gtnhenbr [62]3 years ago
5 0

Answer: 18,000

Step-by-step explanation: 10,000 borrowed + the 4% earned x the amount paid within 20 years

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