<span>=<span>49</span></span><span>(Decimal: 0.444444)</span>
9514 1404 393
Answer:
$4717.30
Step-by-step explanation:
Assuming the interest is capitalized only at the start of repayment, the accrued interest is ...
I = Prt
I = ($29,300)(0.0322)(4 +1) = $4717.30
The accrued interest is $4717.30.
8c-3d is the correct answer