Mathematics, 10.01.2020 18:31 maddycat4005

Ryan has an eight–year loan for $6,000. he is being charged an interest rate of 5 percent, compounded annually. calculate the total amount that he will pay.

$7,657.69

$8,815.97

$8,864.73

Answers: 3

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More questions: Mathematics Another questions

Ryan has an eight–year loan for $6,000. he is being charged an interest rate of 5 percent, compounded annually. calculate the total amount that he will pay. $7,657.69 $8,815.97 $8,864.73

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Another question on Mathematics

Ryan has an eight–year loan for $6,000. he is being charged an interest rate of 5 percent, compounded annually. calculate the total amount that he will pay.

$7,657.69

$8,815.97

$8,864.73