document.write( "Question 932297: An amount of $48,000is borrowed for 13 years at
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document.write( "8% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?
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document.write( "Use the calculator provided and round your answer to the nearest dollar \n" );
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Algebra.Com's Answer #566101 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! FV=48000(1.08)^13 \n" ); document.write( "FV=48000(2.7196) \n" ); document.write( "FV=130542 \n" ); document.write( " |