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?

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Rebeccasoloriomartinidn Rebeccasoloriomartinidn

07-02-2022
Mathematics

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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?

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