Top Posters
Since Sunday
R
11
g
10
a
10
d
10
y
10
n
10
p
9
d
9
M
9
S
9
S
9
s
9
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
thallium81 thallium81
wrote...
Go to Answer
Posts: 109
Rep: 0 0
3 months ago
You wish to borrow money to pay your annual student membership dues or you will have to pay interest on the late dues at 6.78% compounded weekly. If you borrow money to pay the dues with a one-year payback period, at what semiannually compounded rate of interest will the loan cost them less in interest?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 24 times
1 Reply
Replies
Answer verified by a subject expert
austsieraustsier
wrote...
#1
Posts: 92
Rep: 0 0
3 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
6.89% compounded semiannually
1

Related Topics

thallium81 Author
wrote...

3 months ago
Just got PERFECT on my quiz
terriroberts96
wrote...

Yesterday
Correct Slight Smile TY
cipcal
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  277 People Browsing
 265 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Live Chat
Related Images
  
 3333
  
 800
  
 12