nevaehsandoval nevaehsandoval

19-02-2021
Mathematics

contestada

To buy a laptop computer, Jane borrowed $5,000 for 3 years at an annual rate of 6%.
How much interest will she pay if she pays the entire loan off at the end of the third
year?

Respuesta :

psathya psathya

21-02-2021

Answer:

5955.08

Step-by-step explanation:

First year: 5000×(6÷100)=300

Second year : 5300×(6÷100)=318

Third year : 5618×(6/100)=337.08

And = 5955.08

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