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Mary borrowed $4,500.00 to help pay for college. If the bank charges a 5.5% annual interest rate, how much will Mary pay including interest after 4 years? A. $5,490.00 B. $9,900.00 C. $5,500.00 D. $5,460.
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Mary borrowed $4,500.00 to help pay for college. If the bank charges a 5.5% annual interest rate, how much will Mary pay including interest after 4 years?

A. $5,490.00
B. $9,900.00
C. $5,500.00
D. $5,460.00​

User Satheesh Panduga
by
8.2k points

1 Answer

6 votes
The answer is A. $5,490.00
User Shoham Yetzhak
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