# UL Lafayette

posted by
**Jasmine** on
.

Suppose that 2000 is loaned at a rate of 9% , compounded monthly. Assuming that no payments are made, find the amount owed after 4 years.

posted by
**Jasmine** on
.

Suppose that 2000 is loaned at a rate of 9% , compounded monthly. Assuming that no payments are made, find the amount owed after 4 years.