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Stephen borrowed $7076683 from his sister and promised to return it with an additional 2% of the money he owed. For 11 months Stephen will give his sister $25 per month and the remaining amount, in…πŸ‘‡

mathadmin, October 14, 2024

Stephen borrowed $7076683 from his sister and promised to return it with an additional 2% of the money he owed. For 11 months Stephen will give his sister $25 per month and the remaining amount, including the interest, will be paid on the twelfth month. How much will Stephen pay in the twelfth month?

7217941.66

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