Ask Question
23 May, 03:07

You borrowed $11,250 from the bank to buy a used car. You will pay the bank back in 5 years with 3.45% interest compounded annually. How much interest will you end up paying?

+1
Answers (1)
  1. 23 May, 03:08
    0
    The interest equals $ 388.125
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You borrowed $11,250 from the bank to buy a used car. You will pay the bank back in 5 years with 3.45% interest compounded annually. How ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers