Register

Ms.love is borrowing 27,000 to buy a new car if she borrows the money at 4.15% interest compounded annually for 5 years, how much interest will she pay in her car loan?

Ms.love is borrowing 27,000 to buy a new car if she borrows the money at 4.15% interest compounded annually for 5 years, how much interest will she pay in her car loan?
48.7k views
1 vote
Ms.love is borrowing 27,000 to buy a new car if she borrows the money at 4.15% interest compounded annually for 5 years, how much interest will she pay in her car loan?

User PermaNoob
by
8.3k points

1 Answer

6 votes

Answer:

5602.5or 5603

Explanation:

using this formula

Ms.love is borrowing 27,000 to buy a new car if she borrows the money at 4.15% interest-example-1
User Lfk
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!