jr99rockey jr99rockey
  • 22-02-2021
  • Mathematics
contestada

To go on a summer trip, Felipe borrows $200. He makes no payments until the end of 3 years, when he pays off the entire loan. The lender charges sim
Interest at an annual rate of 2%.

Respuesta :

irspow
irspow irspow
  • 22-02-2021

Answer:

Step-by-step explanation:

A=P(1+rt)

A=200(1+.02(3))

A=200(1.06)

A=$212

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