Register
Lilly owes $52,000 in a student loans for college. If the loan will be repaid in 5.5 years and the interest rate charged is 6.75%, then how much will she pay altogether ?
227k views
4 votes
Lilly owes $52,000 in a student loans for college. If the loan will be repaid in 5.5 years and the interest rate charged is 6.75%, then how much will she pay altogether ?

User Vinanghinguyen
by
7.9k points

1 Answer

5 votes
I=prt
I=52000*0.0675*5.5=19305
So she will pay 52000+19305=71305
User Brennan Mann
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

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?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!