Please Help ! I will give you a lot of points!

asked Dec 8, 2022 78.6k views

0 votes

by Kihu

5.4k points

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6 votes

Answer:

$45000

Explanation:

Loan's future= O *(1+rate)

Gargoyle answered Dec 10, 2022

4.9k points

5 votes

Interest = principal x rate x time:

Interest = 5000 x 0.08 x (9/12) = 300

Total due = principal + interest

Total due = 5000 + 300 = $5,300

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