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Use the formula for annual compound interest. A = P (1 + )nt Remember, A refers to the total amount owed. Calculate the total amount that Tom would repay. $10,337 $11,337 $12,337…

Use the formula for annual compound interest. A = P (1 + )nt Remember, A refers to the total amount owed. Calculate the total amount that Tom would repay. $10,337 $11,337 $12,337…
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Use the formula for annual compound interest. A = P (1 + )nt Remember, A refers to the total amount owed. Calculate the total amount that Tom would repay. $10,337

$11,337
$12,337
$13,337

User John Karahalis
by
8.5k points

2 Answers

5 votes

Answer:

b. 11,337

Explanation:

correct on edge 2022.

User Xurei
by
7.4k points
3 votes

Answer:

B. $11,337

Explanation:

User Pyuntae
by
8.1k points
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