anita12 anita12

Today at 10:56 PM
Mathematics

Answered

Lilly owes $52,000 in a student loans for college. If the loan will be repaid in 5.5 years and the interest rate charged is 6.75%, then how much will she pay altogether ?

Answer :

Aliwohaish12 Aliwohaish12

Today at 11:01 PM

I=prt
I=52000*0.0675*5.5=19305
So she will pay 52000+19305=71305

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