How much will he owe the bank at the end of three years


Problem

A man borrowed $750 from a bank. He agreed to repay the sum at the end of 3 years, together with the interest at 8% per year. How much will he owe the bank at the end of 3 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much will he owe the bank at the end of three years
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