aerriyannapeterson aerriyannapeterson

22-10-2021
Mathematics

contestada

What is the total paid back on a loan of $1,500 with an interest rate of 3.74% for 2 years?

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cindiypadronr19 cindiypadronr19

22-10-2021

Answer:

1612.2

Step-by-step explanation:

3.74% × 2 = 7.48%

1500 + 7.48% = 1612.2

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bamboola1 bamboola1

22-10-2021

Answer:

1,500 x 1.0374^2 = 1614.29814

=$1613.30

Step-by-step explanation:

Answer Link

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