Ashtonlemelle
Ashtonlemelle Ashtonlemelle
  • 11-04-2021
  • Mathematics
contestada

Manuel borrowed $1,500 from his bank and signed a contract
to make monthly payments for two years at 4% interest
compounded annually, How much total interest will Manuel
pay on this loan?

Respuesta :

26pepperm
26pepperm 26pepperm
  • 11-04-2021

Answer: 120

Step-by-step explanation:

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