Kira borrowed $8000 at a rate of 7%, compounded annually. Assuming she makes no payments, how much will she owe after 7 years? Do not round any intermediate computations, and round your answer to the nearest cent.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.9: Opposites And Absolute Values
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Kira borrowed $8000 at a rate of 7%, compounded annually. Assuming she makes no payments, how much will she owe after 7 vears?
Do not round any intermediate computations, and round your answer to the nearest cent.
24
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Transcribed Image Text:* 00 B Kira borrowed $8000 at a rate of 7%, compounded annually. Assuming she makes no payments, how much will she owe after 7 vears? Do not round any intermediate computations, and round your answer to the nearest cent. 24 Explanation Check 2021 MCOraw T LLC. All Rights Reserved. Terms of Use | Privacy Center $4 4. %23 7. H M I option cmd cmd
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