Ask a New Question

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.

Ask a New Question or answer this question.

Similar Questions

Suppose that 2000 is loaned at a rate of 9% , compounded semiannually. Assuming that no payments are made, find the amount owed
1. 3 answers
Suppose that $2000 is loaned at a rate of 9%, compounded semiannually. Assuming that no payments are made, find the amount owed
1. 1 answer
This was originally posted on another student's thread.Suppose that $2000 is loaned at a rate of 19% ,compounded semiannually.
1. 1 answer
From January 1, 2000 to December 31, 2004, First Bank paid 5% interest, compounded monthly. On January 1, 2005, they lowered
1. 1 answer

more similar questions