468,234 views
17 votes
17 votes
Zoe takes out a $5,155 loan at a rate of

3.7/8%
per year, compounded annually. She does not plan to start paying back the loan for 3.5 years. Which of the following is the closest to the total amount she owes after 3.5 years?

User Matthew H
by
3.0k points

1 Answer

27 votes
27 votes

Answer:

5,888.67

Explanation:

User Amulllb
by
3.3k points