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Find the amount Enca owes at the end of 3 years if $6500 is loaned to her at a rate of 4% compounded monthly
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Find the amount Enca owes at the end of 3 years if $6500 is loaned to her at a rate of 4% compounded monthly

User Piti Ongmongkolkul
by
8.3k points

1 Answer

6 votes

Answer:

7311.616

Explanation:

6500 x 1.04^3

User Marisela
by
7.5k points
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