mnmperkins6 mnmperkins6

22-08-2020
Mathematics

contestada

Mark borrowed $5,500 at 11.5 percent for five years. What is the amount of Mark's total payment? $8,520 $8,160 $7,410 $7,257

Respuesta :

Lawreii Lawreii

22-08-2020

Answer:

7,257

Step-by-step explanation:

use the formula of: M = amount/discount factor

Answer Link

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