lamiayaqoob2008
lamiayaqoob2008 lamiayaqoob2008
  • 17-03-2021
  • Mathematics
contestada

The sanctuary takes out a $12,500 loan to renovate its gift shop. At 5%
simple interest, how much would the sanctuary need to pay back in total after 10 years?

Respuesta :

RealGiveaway
RealGiveaway RealGiveaway
  • 17-03-2021

Answer:

20361.18283

Step-by-step explanation:

p(1+r/100)n

12500(1+5/100)power 10

i hope this answer helps a little bit.

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