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anonkah anonkah
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7 months ago

Kathy Crag, the owner of The Fabric Corner, lent $15,000 to Dani Flynn to open her own card shop. Dani plans to repay Kathy at the end of 12 years with 8% interest compounded quarterly. How much will Kathy receive at the end of 12 years?

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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CJWVail2CJWVail2
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7 months ago
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anonkah Author
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Brilliant ツ
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You make an excellent tutor!
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