2 years ago

What is the total paid back on a loan of $1,500 with an interest rate of 3.74% for 2 years?

Mathematics

2 answers:

zheka24 [161]2 years ago

5 0

Answer:

1612.2

Step-by-step explanation:

3.74% × 2 = 7.48%

1500 + 7.48% = 1612.2

olasank [31]2 years ago

5 0

Answer:

1,500 x 1.0374^2 = 1614.29814

=$1613.30

Step-by-step explanation:

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