document.write( "Question 1173030: Please help\r
\n" ); document.write( "\n" ); document.write( "An amount of $49,000 is borrowed for 12 years at 7.25% 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 #798209 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi  
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document.write( " In General 
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document.write( "A = Accumulated Amount
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document.write( "P= principal = 49,000
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document.write( "r= annual rate = .0725
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document.write( "n= periods per year = 1
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document.write( "t= years = 12
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document.write( "Plug and Play
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document.write( "Calculate using Your Calculator to Find A(t)
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document.write( "A(t) the total amount to be paid back after 12 years
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document.write( " = $113,491.59 \n" );
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