Register
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?
184k views
4 votes
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 Veote
by
8.0k points

2 Answers

1 vote
I got the answer of 200 because she borrowed 15,000 and she borrowed the money for 8% which is equal to .08 for 6 years so then you divide it by 6 and get 200 but If someone gets something else please correct me.
User Flpe
by
8.9k points
0 votes

A=15,000×(1+0.08×6)=22,200

User Anica
by
8.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

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
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!