kendylmcleain kendylmcleain
  • 20-09-2021
  • Mathematics
contestada

I spent $5,200 in interest on a loan. If I paid my
loan off over 5 years at a rate of 8%, what was
the initial amount of money I borrowed?

Respuesta :

ThatOneHuman
ThatOneHuman ThatOneHuman
  • 20-09-2021

Answer:

I think the initial amount borrowed would be $3,714.29

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