Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Taylor plans to borrow $4,500 from the bank to purchase a used vehicle. If he borrows he money at a rate of 4% interest for 2 years, what is the total amount he will have to pay back to the bank?

Sagot :

Answer:

The Amount which will be payback to the bank in 2 years is $4867.2