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Home Q & A Board Science-Related Homework Help Mathematics
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ahyukj ahyukj
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10 months ago
Jarmila borrowed $3000, $3500, and $4000 from her grandmother on December 1 in each of three successive years at college. They agreed that interest would accumulate at the rate of 4% compounded semiannually. Jarmila is to start repaying the loan on June 1 following the third loan. What consolidated amount will she owe at that time?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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#1
10 months ago
$11,106.47
Anonymous
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#2
8 months ago
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#3
7 months ago
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