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Daphne borrows $2500 from a financial institution that charges 6% annual interest, compounded monthly, for 2 years. The amount that Daphne will need to pay back at the end of the term is
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Daphne borrows $2500 from a financial institution that charges 6% annual interest, compounded monthly, for 2 years. The amount that Daphne will need to pay back at the end of the term is

User Johnstaveley
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1 Answer

7 votes
1350$ is the right answer to your problem trust me I know this
User Thomas Bouldin
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