Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
javielito2000 javielito2000
wrote...
Go to Answer
Posts: 134
Rep: 0 0
A year ago
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?

▸ $12,718.69

▸ $11,918.69

▸ $11,718.69

▸ $11,781.69

▸ $10,718.69
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 97 times
1 Reply
Replies
Answer verified by a subject expert
aedukuyeaedukuye
wrote...
#1
Posts: 147
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

javielito2000 Author
wrote...

A year ago
Thanks for your help!!
54321abs
wrote...

Yesterday
This site is awesome
africa143
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1174 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 219
  
 87
  
 774
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 820
Previous poll results: Who's your favorite biologist?