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    Essentials of College Algebra
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    Exam 7: Arithmetic Sequence: Common Difference and First n Terms
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    A Man Borrowed $2000 at 0
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A Man Borrowed $2000 at 0

Question 310

Question 310

Multiple Choice

A man borrowed $2000 at 0.5% interest compounded annually. If he paid off the loan in full at the end of 6 years, how much did he pay?


A) $2060.76
B) $2060.00
C) $2010.00
D) $60.76

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