Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Trey4sho Trey4sho
wrote...
Go to Answer
Posts: 128
Rep: 0 0
10 months ago
Xindu borrowed $5,000 fromhis parents to travel to Canada and study engineering. The interest on the loan was to be 1% compounded semiannually for the first three years, and 2% compounded monthly thereafter. If Xindu graduated and wished to pay back the full amount of the loan five years after he received it, how much was the final payment?

▸ $5,461.96

▸ $5,961.96

▸ $51631.96

▸ $5,361.96

▸ $5,316.96
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 76 times
1 Reply
Replies
Answer verified by a subject expert
WoodyNRexWoodyNRex
wrote...
#1
Posts: 125
Rep: 0 0
10 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Trey4sho Author
wrote...

10 months ago
Correct Slight Smile TY
homework1
wrote...

Yesterday
Smart ... Thanks!
africa143
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1269 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 232
  
 1010
  
 595
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Do you believe in global warming?