Angie borrowed $1,485 from the bank to purchase a new laptop for the veterinarian’s assistant. The interest on the loan was 7.75
% for 2 years. How much will Angie have to pay back at the end of 2 years?
2 answers:
Answer:
Principle= $1485
Time= 2 years
Interest= 7.75%
Therefore, the amount she has to pay at the end of 2 years will be= principle+ interest% times 2
=1485+ 7.75 times 2
=1485+ 15.5
=$1500.5
Answer: $1,600.09 I think
Step-by-step explanation: (1,465 x .0775) + 1,485
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