supergirltanu17 supergirltanu17
  • 02-02-2022
  • Mathematics
contestada

Susan borrowed $25,000 from a bank for one year at the rate of 10.5% per annum. Compute the amount she must pay to the bank to clear her loan amount; interest is compounded half-yearly.

Respuesta :

haydenlt2017 haydenlt2017
  • 02-02-2022

Answer:

$29,761.90

Step-by-step explanation:

25,000 ÷ 10.5 = 2,380.95

2,380.95 X 2 = 4,761.90

4,761.90 + 25,000 = $29,761.90

Answer Link

Otras preguntas

contraction that rhymes with antonym for disagree
what is the volume of 70.0 g of ether if density os 0.70 g/mL
what evidence convinced Luther that the Catholic Church needed to be reformed?
what are some natural events that have caused changes in earth´s climate
what does the author do at the end of chapter 2 to keep the reader interested great expectations
Who was "other Homer"?
A person who doesn't have enough calcium in his or her diet is at risk for developing bones that are weak and break easily. This condition is known as a. osteo
A scientist wants to predict the weather which sphere should he study?
Regarding the area labeled D, which best describes the characteristics of the ocean current in this location? A. cold, high salinity, and less dense waters B.
Expand the expression and combine like terms: 2(−14+r)−(−3r−5)