question archive Raina borrowed $8000 at a rate of 13
Raina borrowed $8000 at a rate of 13
Subject:MathPrice: Bought3
Raina borrowed $8000 at a rate of 13.5%, compounded annually. Assuming she makes no payments, how
much will she owe after 10 years? Do not round any intermediate computations, and round your answer to the
nearest cent.
