Answer: 4230.14
Step-by-step explanation:
The amount that the balance is multiplied by each month is
.
So, after t months, the balance is .
Substituting in t=6, we get the balance is
, to the nearest hundredth.
To go on a summer trip, Kareem borrows 400$. He makes no payments until the end of 4 years when he pays off the entire loan. The
1 answer:
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