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Yesterday, 10:01

Angie borrowed $1,485 from the bank to purchase a new laptop for the veterinarian's assistant. The interest on the loan was 7.75% for 2 years. How much will Angie have to pay back at the end of 2 years?

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  1. Yesterday, 11:09
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    Answer: $1,600.09 I think

    Step-by-step explanation: (1,465 x. 0775) + 1,485
  2. Yesterday, 11:26
    0
    Principle = $1485

    Time = 2 years

    Interest = 7.75%

    Therefore, the amount she has to pay at the end of 2 years will be = principle + interest% times 2

    =1485 + 7.75 times 2

    =1485 + 15.5

    =$1500.5
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