Ask a New Question

Question

This was originally posted on another student's thread.

Suppose that $2000 is loaned at a rate of 19% ,compounded semiannually.

Assuming that no payments are made, find the amount owed after 5 years . Do not round any intermediate computations, and round your answer to the nearest cent.

0 0
posted by Natasha
today at 12:43pm
6 years ago

Answers

oobleck
just use your formula.
2000(1 + .19/2)^(2*5)
6 years ago

Related Questions

This was originally posted on another student's thread. The forecast predicts that the temperatur... This was originally posted on another student's thread. Jessica has 5 bills coming up. If the fir... This was originally posted at the end of another student's post. The pet store sells hamsters, pa... This was originally posted on another student's thread. Which traits describe both Homo sapiens a... This was originally posted on another student's thread. 5. How can you demonstrate the difference... This was originally posted on another student's thread. I have a quick question 4- what is a phy... This was originally posted on another student's thread. plz help me find the right answeres please... This was originally posted on another student's thread. darnell earned $10 each week for 10 weeks... This was originally posted on the end of another student''s post. at a celebration, the girls ate 2... This was originally posted on another student's question. -5 4/6 divide 2 1/5 0 1 posted...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use