25-06-2020
Mathematics

contestada

Ms. Costello borrows $5000 from a
bank that charges 9.25% interest per
year. What is her total amount due
after one year?

Respuesta :

gilbertazavedo72 gilbertazavedo72

25-06-2020

Answer: $5462.50

Step-by-step explanation:

Interest = 5000 x 9.25 / 100 = 462.50

Amount to be paid

= 5000 + 462.50

= 5462.50

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