Title: You wished to start a new business and attended the Small Business Bank. You borrowed $10,000 for 4 ... Post by: tara.harris.9 on May 29, 2023 You wished to start a new business and attended the Small Business Bank. You borrowed $10,000 for 4 years. For the first 1.5 years, the interest rate on the loan was 4.8% compounded monthly. Then the rate became 3.5% compounded semiannually. What total amount was required to pay off the loan if no payments were made?
Title: Re: You wished to start a new business and attended the Small Business Bank. You borrowed $10,000 for 4 ... Post by: DNA_Helicase on May 29, 2023 Content hidden
|