Bob borrows $6500 at 8% interest compounded anually. How much will he owe after six years? a $6,785.33 b $10,314.68 c $9,620.00 d $12,776.48

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asked Jan 6, 2022 149k views

15 votes

Bob borrows $6500 at 8% interest compounded anually. How much will he owe after six years?

a

$6,785.33

b

$10,314.68

c

$9,620.00

d

$12,776.48

Mathematics
middle-school

Alex Nikulin asked

by Alex Nikulin

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1 Answer

7 votes

12,776.48 is the correct answer good luck!

Kane answered Jan 12, 2022

by Kane

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