find the amount that must be repaid. $8563 borrowedat 15.5% simple inteeest. what total amount to berepaid 3 years, 125 days later? round to nearest cent.

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Answered: find the amount that must be repaid.…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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find the amount that must be repaid. $8563 borrowed at 15.5% simple inteeest. what total amount to be repaid 3 years, 125 days later? round to nearest cent.