Jenny borrowed $500 for five years at 4 percent interest, compounded annually. What is the total amount she will have paid when she pays off the loan? total amount = P (1 + i) t A. $608.33 B. $729.99 C. $765.77 Reset Next
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Home » Mathematics » Jenny borrowed $500 for five years at 4 percent interest, compounded annually. What is the total amount she will have paid when she pays off the loan? total amount = P (1 + i) t A. $608.33 B. $729.99 C. $765.77 Reset Next