document.write( "Question 1171382: An amount of 23,000 is borrowed for 5 years at 5.75% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back? \n" ); document.write( "

Algebra.Com's Answer #796333 by Boreal(15235) $\"\"$ $\"About$

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this is 23000(1+.0575)^5
\n" ); document.write( "=$30,417.93 \n" ); document.write( "

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