jsmith1898 jsmith1898
  • 23-04-2020
  • Mathematics
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You borrow $2250 at 4.8% compounded weekly for tuition. While you do not have to make payments for the 5 years that you are in school, the interest is compounding. What is your loan balance after the 5-year grace period (if you've made no payments)?

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Respuesta :

S5293438
S5293438 S5293438
  • 24-04-2020

Answer:

432

Step-by-step explanation:

2250x4.8=10,800

5x5=25

10,800/25=432

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