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4 years ago

15

suppose that $2000 is loaned at a rate of 18%, compounded monthly. Assuming that no payments are made, find the amount owed afte

r 10 years. PLEASE HELP!!!!

2 answers:

damaskus [11]4 years ago

7 0

5000. 2000*.18*10=3600 3600/12=300 300*10=3000
3000+2000=5000

Andre45 [30]4 years ago

6 0

SO 19% OF 2000=P P*10=ANSWER

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