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Bob borrows $3000 at 6% interest, compunded anually. If he makes no payments, how much will he owe seven years from now? a $3049.42 b $3140.36 c $4510.89 d $4260.00

Bob borrows $3000 at 6% interest, compunded anually. If he makes no payments, how much will he owe seven years from now? a $3049.42 b $3140.36 c $4510.89 d $4260.00
asked 153k views
23 votes
Bob borrows $3000 at 6% interest, compunded anually. If he makes no payments, how much will he owe seven years from now?

a
$3049.42
b
$3140.36
c
$4510.89
d
$4260.00

asked
User Badjr
by
8.4k points

2 Answers

1 vote

Answer: yep b or c

Explanation:

answered
User Muzammil Naseer
by
8.2k points
5 votes

Answer:

i think its b or c

Step-by-step explanation

answered
User Sbottingota
by
8.2k points
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