97.1k views
16 votes
PLEASEEEE HELPPP MEEE

Calculate the compound interest on a 12-month loan of $5,000 with a
monthly interest rate of 3%.

1 Answer

11 votes

Answer:

12.50 dollars per month

Explanation:

User Bojan Vukasovic
by
8.6k points

No related questions found

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