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

13/7x^2+11x/8(x+3). The question asks to “rewrite with a common denominator and I’m not sure how
there are 8 kids at a birthday party. if there are 6 girls and 2 boys at the party, what fraction of the kids are girls?
can someone please help me? thank you.
2.5 moles of sodium chloride is dissolved to make 0.050 liters of solution
How do I do this? Asapp
Why do countries ally themselves militarily with others
Who has the power to settle disputes between different states
Mechanical energy is defined as the sum of both the potential energy and the kinetic energy of an object. According to the law of conservation of energy, what h
why did the North prevail in the civil war? What might have turned the tide of the war against the north?
I am confusion, can someone help me?