Mathematics: Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. the interest paid in the third year is

Rita borrows $4,500 from the bank at 9 percent annually - id450092950495, pettismayersjoy3le8

Ответ:

lemoinedegraw

05.01.2022

Amount borrowed = 4500 dollars The amount after 3 years compounded annully, A = P(1+r)^n Therefore, the amount = 4500*(1.09)^3 = 5827.6 Therefore, the compound interest =... Download This Solution

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Ответ:

MahiraBashir

23.02.2023

Mathematics

Find the slope on the graph I believe

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Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. the interest paid in the third year is

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