Register
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
120k views
0 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 Thusitha Sumanadasa
by
7.3k points

1 Answer

4 votes

Answer:

5,888.67

Explanation:

User PHRYTE
by
8.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!