33.5k views
4 votes
Will help you with something if u help me plsss

Steph Curry went crazy buying houses and carsafter the Warriors won the first round of the playoffs. Now he doesn’t have enough money to make his mortgage payment. Alyssa and Step are good friends, so Alyssa decided to lend Steph $7,500. Alyssa is going to charge Step 8% interest, which will compound monthly. How much will Steph owe Alyssa if he pays her back in 2 years?

1 Answer

7 votes

Answer:

21900

Explanation:

Find 8% of 7500 (600) and multiply it by 24 (amount of months) then add that to 7500

User Minrk
by
7.2k points