Ask Question
22 February, 23:31

Ms. Costello borrows $5000 from a

bank that charges 9.25% interest per

year. What is her total amount due

after one year?

+1
Answers (1)
  1. 22 February, 23:57
    0
    Answer: $5462.50

    Step-by-step explanation:

    Interest = 5000 x 9.25 / 100 = 462.50

    Amount to be paid

    = 5000 + 462.50

    = 5462.50
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ms. Costello borrows $5000 from a bank that charges 9.25% interest per year. What is her total amount due after one year? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers