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Robert takes out a loan for $7200 at a 4.3% rate for 2 years. What is the loan future value? (Round to the nearest cent)

Robert takes out a loan for $7200 at a 4.3% rate for 2 years. What is the loan future value? (Round to the nearest cent)
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1 vote
Robert takes out a loan for $7200 at a 4.3% rate for 2 years. What is the loan future value?

(Round to the nearest cent)

User RickyAYoder
by
7.7k points

1 Answer

13 votes

Answer:

$7,526.94 future value with interest.

Explanation:

User Abdullah AlHazmy
by
8.2k points
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