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Home Q & A Board Science-Related Homework Help Mathematics
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javielito2000 javielito2000
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4 months 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
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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aedukuyeaedukuye
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4 months ago
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javielito2000 Author
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4 months ago
Thanks
Mcb
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Yesterday
Just got PERFECT on my quiz
Mkersey12
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2 hours ago
You make an excellent tutor!
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