awhitt5923 awhitt5923

23-10-2020
Mathematics

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CAN SOMEONE PLEASE HELP ME THIS IS URGENT!!!!!!!
You borrowed $59,000 for 2 years 11% which was compounded annually. What total will you pay back?

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pagansca pagansca

23-10-2020

Answer:

$99,418.43. Explanation: FV=OV(1+r100)n. FV = The value you are looking for. OV = The orginal amount. r = interest rate. n = Years.

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