Mathematics, 27.06.2021 01:00 liluv8262

If $25,000 is borrowed with an interest of 8.0% compounded annually, what is the total amount of money needed to pay it back in 10 years?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.

Answers: 1

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If $25,000 is borrowed with an interest of 8.0% compounded annually, what is the total amount of mon...

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If $25,000 is borrowed with an interest of 8.0% compounded annually, what is the total amount of money needed to pay it back in 10 years? Round your answer to the nearest cent. Do NOT round until you have calculated the final answer.

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Another question on Mathematics

If $25,000 is borrowed with an interest of 8.0% compounded annually, what is the total amount of money needed to pay it back in 10 years?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.