You borrowed $10,400 for 4 years at 12.7% and the interest is compounded semi-annually. What is the total you will pay back? P=principal or starting amount n=number of times interest is compounded Frate convert % to decimal divide by 100 or move decimal... t-time
You borrowed $10,400 for 4 years at 12.7% and the interest is compounded semi-annually. What is the total you will pay back? P=principal or starting amount n=number of times interest is compounded Frate convert % to decimal divide by 100 or move decimal... t-time
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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