266,461 views
35 votes
35 votes
HELP PLEASE it's my last one but I don't know how to do it..can somebody give me the answer and then explain how

HELP PLEASE it's my last one but I don't know how to do it..can somebody give me the-example-1
User Anselmo
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2.5k points

1 Answer

26 votes
26 votes
Answer: 16,940 from interest.
Explanation: The cost of it is 28,000 and when you figure out what 5.5% of that is it will come to be 1,540. Next you multiply 1,540 by the 11 years so it would come to 16,940.
User Raysa
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