Asked by Shane
Find the total amount required to pay off a loan of 16000 plus interest at the end of 8 years if the interest is compounded half-yearly and the rate is 14% p.a.
Answers
Answered by
Steve
16000(1+.14/2)^(2*8) =
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.