akicomv4283 akicomv4283

28-11-2017
Mathematics

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Your great aunt sally loans you $5000 for three years and asks that you repay it with annually compounding interest at the rate of 8% per year. how much do you repay her after three years?

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simmonsalivia simmonsalivia

28-11-2017

$1,875
5,000÷8×3=1,875

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