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ss7ja [257]
3 years ago
7

You borrowed $10,400 for 4 years at 12.7% and the interest is compounded annually. What is the total you will pay back?

Mathematics
1 answer:
BARSIC [14]3 years ago
6 0
Your answer would be 2930.2
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Citrus2011 [14]

Answer:

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Step-by-step explanation:

let the number be N

let's express the word sentence as a mathematical expression:

"a number multiplied by 2/5"

= "N" multiplied by 2/5

= N x (2/5)

= (2N/5) ------- (1)

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6 0
2 years ago
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