annual compound interest rate of 15% for 3
Mathematics, 25.03.2021 02:10 nakaylafree
X
Joe is taking out a loan for $1,500 with an
annual compound interest rate of 15% for 3
1 years. Joe will not make any additional
I deposits or withdrawals. What will be the
x total balance paid at the end of 3 years?
1
Round your answer to the closest dollar
amount. Do not include $ symbol in answer
P
Answers: 2
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Joe is taking out a loan for $1,500 with an
annual compound interest rate of 15% for 3
annual compound interest rate of 15% for 3
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