Social Studies, 06.07.2019 04:30 nataliamontirl4230
Bruce takes out a personal loan of $1,000 to go on a trip to florida. his loan has an annual compound interest rate of 10%. the loan compounds once each year. when you calculate bruce's debt, be sure to use the formula for annual compound interest. a = p (1+)nt bruce borrowed $1,000 for his trip. if bruce waits for five years to begin paying back his loan, how much will he owe?
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Bruce takes out a personal loan of $1,000 to go on a trip to florida. his loan has an annual compoun...
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