Ask Question
29 April, 13:35

Sara borrowed $500 for four years at 3 percent interest, compounded annually. Use the formula to calculate the total amount she will have paid back. $515.03 $562.75 $2060

+2
Answers (1)
  1. 29 April, 15:04
    0
    A=500 * (1+0.03) ^ (4)

    A=562.75
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sara borrowed $500 for four years at 3 percent interest, compounded annually. Use the formula to calculate the total amount she will have ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers