SOLUTION: An amount of $33,000 is borrowed for 5 years at 6.75% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: An amount of $33,000 is borrowed for 5 years at 6.75% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?       Log On