Question

Shawna borrowed $1,380 from the bank to pay for a home repair. The loan was a 3 year loan and the interest rate was 8.25%. How much will Shawna owe at the end of the loan period?

Answer 1

in the case interest rate for whole period is 8.25 answer is

1493.85

if your asking for yearly interest rate it's

1721.55

Explanation: