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3 years ago

9

Fishing designs has arranged to borrow $13,000 today at 10% interest. the loan is to be repaid with end-of-year payments of $3,0

00 at the end of years 1 through 4. at the end of year 5, the remainder will be paid. what is the year 5 payment?

1 answer:

Butoxors [25]3 years ago

4 0

13,000 + 3,000 = 1,600 + 1965 totally amount

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Answer:

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Explanation:

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