Mathematics, 05.02.2022 15:40, Lesquirrel

Eli has a loan of $3500. This loan charges 5% interest
compounded annually. What is the
amount of interest that Eli will be
charged on this loan at the end of
four years?
(Round to the nearest cent)

Eli has a loan of $3500.

This loan charges 5% interest
compounded annually. What is the
amount of

Answers: 1

Show answers

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Eli has a loan of $3500. This loan charges 5% interest
compounded annually. What is the

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Eli has a loan of $3500. This loan charges 5% interest compounded annually. What is the amount of interest that Eli will be charged on this loan at the end of four years? (Round to the nearest cent)

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Other questions on the subject: Mathematics

Questions in other subjects:

Eli has a loan of $3500. This loan charges 5% interest
compounded annually. What is the
amount of interest that Eli will be
charged on this loan at the end of
four years?
(Round to the nearest cent)