Answer:
The answer is A=4500(1 + (0.052 × 2.5)) = 5085
Step-by-step explanation:
Since that is what you need the answer is C
To repay this loan in three years we must make annual payments of $23,560.
<h3>How to calculate how much we should pay annually?</h3>
To calculate the payments that we must make each year, taking into account the 8% interest, we must carry out the following operations:
To calculate the interest equivalent to 8%:
- $57,000 ÷ 100 = $570
- $570 × 8% = $4,560
So, to calculate the total per year that we must pay, we must add both values:
- $19,000 + $4,560 = $23,560
Finally, to know how much we pay in total for the interest on the loan, we multiply the value of the interest by the years that the loan lasted:
$4,560 × 3 = $13,680
Learn more about loan in: brainly.com/question/11794123
