128k views
1 vote
An amount of $17,000 is borrowed for 6 years at 4% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid

back?
Round your answer to the nearest dollar.

1 Answer

4 votes

Answer:

21,080

Explanation:

User Alex Ntousias
by
8.6k points

No related questions found