An amount of $24,000 is borrowed for 9 years at 6.75% interest, compounded annually. If the loan is paid in full at the end of t
hat period, how much must be
paid back?
Use the calculator provided and round your answer to the nearest dollar.
1 answer:
38,580 is the full amount of what he has to pay back
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Step-by-step explanation:
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Answer:
w = -16
Step-by-step explanation:
w + (-2) = -18
-18 - (-2) = w = -16
w= -16
Check your work:
-16 + (-2) = -18