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What is the math formula for Alicia borrowed $15,000 to buy a car. She borrowed the money at 8% for 6 years. How much will she have to pay the bank at the end of the 6 years?

What is the math formula for Alicia borrowed $15,000 to buy a car. She borrowed the money at 8% for 6 years. How much will she have to pay the bank at the end of the 6 years?
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1 vote
What is the math formula for

Alicia borrowed $15,000 to buy a car. She borrowed the money at 8% for 6 years.

How much will she have to pay the bank at the end of the 6 years?

User Moot
by
8.5k points

1 Answer

3 votes

Answer:

somewhere between 15,000-15,900

User Walidtlili
by
7.6k points
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