Mathematics, 07.04.2021 01:00 hannah2757
Emani borrowed $2,000 from his bank. The loan will be compounded quarterly for 3.5 years at an 8% interest rate. The full amount to the nearest
whole cent) he will owe to the bank (principal + interest) is:
Note: Use the formula: FV = P(1 + yt.
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Emani borrowed $2,000 from his bank. The loan will be compounded quarterly for 3.5 years at an 8% in...
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