Sara borrowed $500 for four years at 3 percent interest, compounded annually. Use the formula to calculate the total amount she will have paid back.

asked Jan 24, 2017 175k views

1 vote

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1 vote

The answer would be 562.75

MinhNguyen answered Jan 26, 2017

7.9k points

2 votes

The answer is 562.754405
The total amount she will have to pay back in four years is. 562.754405

Medalib answered Jan 31, 2017

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