John takes out a personal loan for $5.000 at an annual interest rate 7.5% compounded monthly. He plans to pay off the loan (including interest) in 3 years. At the end of the 3 years, what is the actual amount John would have paid back?

Use the

Round your answer to the nearest cent.

A = P(1+r/n)^nt )

Please help

step-by-step explanation:

the options are kind of confusing. i can tell you what i see going on here when i look at the graph.

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b. 153 students do not participate in sports and seventy-five 12th graders were surveyed