krown7kemetaliyah krown7kemetaliyah
  • 25-12-2016
  • Mathematics
contestada

You borrowed $10,400 for four years at 12.7% and the interest is compounded semi annually. what is the total you pay back?

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bcalle
bcalle bcalle
  • 25-12-2016
A= 10,400(1 +(.127/2))^8
A=$17,018.97
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