Answer:
If you borrow $300 for 7 years at an annual interest rate of 9%.
Finally, you will have to pay an amount of money:
A = principal x (1 + rate)^year
= 300 x (1 + 9/100)^7
= 548.41
Hope this helps!
:)
Answer:
489$
Step-by-step explanation:
0.09 * 300 = 27
27 * 7 = 189
300 + 189 = 489
