SOLUTION: find the amount erica owes at the end of 3 years if $5900 is loaned to her at a rate of 7% compounded monthly

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Question 1155463: find the amount erica owes at the end of 3 years if $5900 is loaned to her at a rate of 7% compounded monthly
Answer by ikleyn(52782) About Me  (Show Source):
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This amount is  5900%2A%281%2B0.07%2F12%29%5E%283%2A12%29 = 7274.26 dollars.   ANSWER