202k views
2 votes
Adam borrows? $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual endminus?ofminus?year payment is? ________.

User Geekdeepak
by
8.2k points

1 Answer

3 votes
I got 1,482 dollars.
Hope this helps! :D
User Farran
by
7.1k points