Ask Question
29 October, 08:40

Owen has a loan for $3700 at a rate of 5% annually. If the interest is not compounded, what is the total amount of repayment if the loan is for 7 years? A) $1295.00 B) $3700.00 C) $3885.00 D) $4995.00

+5
Answers (1)
  1. 29 October, 10:46
    0
    Owen's repayment loan for 7 years is D) $4995.00
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Owen has a loan for $3700 at a rate of 5% annually. If the interest is not compounded, what is the total amount of repayment if the loan is ...” 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