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yolanda borrowed $8000 at a rate of 14.5% compounded annually. assuming she makes no payments, how much will she owe after 5 years
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44 votes
44 votes
yolanda borrowed $8000 at a rate of 14.5% compounded annually. assuming she makes no payments, how much will she owe after 5 years

User Cambium
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2 Answers

22 votes
22 votes
$45,800 hope this helps :)
User Quang Thang
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2.8k points
22 votes
22 votes

Answer:

$45,800

Explanation:

$8000 + 14.5%= 9160

9160 x 5= $45,800

User Ilya Gazman
by
2.7k points
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