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Science-Related Homework Help Mathematics Topic started by: fruits on May 29, 2023



Title: You borrowed a small amount of money and the credit company calculated you will owe them $8,520.19 ...
Post by: fruits on May 29, 2023
You borrowed a small amount of money and the credit company calculated you will owe them $8,520.19 two years from now. If the money is discounted at 3.2% compounded annually, how much was the original loan for?

▸ $7,500

▸ $6,000

▸ $7,000

▸ $9,000

▸ $8,000


Title: Re: You borrowed a small amount of money and the credit company calculated you will owe them $8,520.19 ...
Post by: majudomminick on May 29, 2023
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