jennfrady11111 jennfrady11111

14-07-2022
Mathematics

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if you borrow 200$ for 12 years at an annual interest rate of 2%,how much will you pay altogether!!!!!!HURRY

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kostadinov42 kostadinov42

14-07-2022

Answer:

248.00

Step-by-step explanation:

A = P(1 + rt)

A = the future value

P = the initial principal

r = annual interest rate (decimal)

t = the time in years

A=200(1+0.2*12)

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