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vovikov84 [41]
3 years ago
10

What lump sum amount payable 2 years from today will pay off a loan of 50000 borrowed over 2 years if interest is payable annual

ly at 8% per annum
Mathematics
1 answer:
Y_Kistochka [10]3 years ago
7 0
No no no no no no no
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Step-by-step explanation:

Alrighty, now if I understood the problem correctly, we can simplify it to:

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We do +2 on both sides, and -5+2 is -3

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