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Leni [432]
3 years ago
10

A bank loans you $5000 for school to be repaid with 4% interest how much do you owe after 2 years? 4 years? and 7 years?

Mathematics
1 answer:
Gemiola [76]3 years ago
8 0
After 2 years-$4608
After 4 years-$4246.73
After 7 years-$3757.24
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From the given information:

a diagrammatic representation is attached below for better understanding and solution to the question.

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