Ask Question
28 June, 14:21

Mark Borrowed $5,500 at 11.5 percent for 5 years (2.199) what is the amount of Marks total payment?

+1
Answers (1)
  1. 28 June, 16:05
    0
    Let I am interest, r rate, t time and p principle,

    l = prt

    l = 5500 (.115) (5) = $3162.5 is the total amount of interest to pay.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mark Borrowed $5,500 at 11.5 percent for 5 years (2.199) what is the amount of Marks total payment? ...” 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