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Melly767 Melly767
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A year ago
Peggy has never made any payments on a 5-year-old loan from her mother at 6% compounded annually. The total interest owed is now $845.56. To the nearest dollar, how much did she borrow from her mother?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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Answer verified by a subject expert
mouallemjmouallemj
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A year ago Edited: 3 weeks ago, bio_man
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Anonymous
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3 weeks ago
Help! The answer is missing an explanation...
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3 weeks ago
Added the solution for you
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