mekhihayes444 mekhihayes444

09-11-2020
Mathematics

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Mary decides to take out a $4,000 student loan this year. If she will pay 10% interest compounded annually, how much will the total loan amount be in four years when she graduates?

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swangmeraz0502 swangmeraz0502

09-11-2020

Answer 4000+1600= 5600

Step-by-step explanation:

The 10% is $400. 400 times 4 is 1600. So to find the total, its 5600. Mark brainliest if this helped you

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