Question

CAN SOMEONE PLEASE HELP ME THIS IS URGENT!!!!!!!

You borrowed $59,000 for 2 years 11% which was compounded annually. What total will you pay back?

Answer 1

$99,418.43. Explanation: FV=OV(1+r100)n. FV = The value you are looking for. OV = The orginal amount. r = interest rate. n = Years.

1 answer

Explanation: