your 5-year loan of $14 000 is at 4.3% compounded annually. How much will you have paid in total for your loan?
1 answer:
Answer:
$17, 280.00
Step-by-step explanation:
A= P(1+r)^t
A= 14000(1+0.043)^5
A= 17, 280
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Step-by-step explanation:
The answer to your question is 8
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