roselyrdrgzp3i13j roselyrdrgzp3i13j

02-02-2018
Mathematics

contestada

you borrowed $59,000 for 2 years at 11% which was compounded semi annually. what total will you pay back?

Respuesta :

BEDoesMath BEDoesMath

24-03-2019

Answer:

$72,693.90

Step-by-step explanation:

1) Use the formula:

5900(1+.11/1)²

2) We next get this:

59000(1.11)²

3) Which then is this equation:

59000 · 1.2321

4) We finally get to the answer of $72,693.90

*Remember, this answer is rounded decimals

Answer Link

Otras preguntas

Multiply. Express your answer in standard form.(x^2-4x+3)(-3x^2+7x-1)

¿Qué países tienen una frontera con México? Which countries have a border with Mexico? Answer: los Estados Unidos, Guatemala, Belice on Edge <3

Let f(x)=6/−2+2e^−0.3x . What is f(−4) ?DID THE TESTANSWER: 1.3

How did the powers of the Supreme Court and federal law extend by significant court cases during the 1800's

What is the monthly interest rate corresponding to 24% APR with a debt of $10000

Local winds are created by _____. A. differences in Earth's gravity B. convection cells in the atmosphere C. air moving from low pressure to high pressure D

What Injustices does Dr. King Describe?

Maria is developing an online gaming website. She is working on an interactive game that has a central character guiding the visitors throughout the game. Which

Which soviet-controlled countries made up the Iron Curtain?

which of the following steps is not likely to take place during cellular respiration