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What is the total amount that First Consumer Bank will receive after lending Jane $7,000 for three years at an interest rate of 5 percent, compounded annually

What is the total amount that First Consumer Bank will receive after lending Jane $7,000 for three years at an interest rate of 5 percent, compounded annually
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what is the total amount that First Consumer Bank will receive after lending Jane $7,000 for three years at an interest rate of 5 percent, compounded annually

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User TrOnNe
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8.0k points

1 Answer

3 votes

Answer: it is 8103.38

Explanation:

answered
User Giorgy
by
8.4k points
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