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

13/20-3/10 estimate: closer to 1 or 0?

A boy jumps into a cold swimming pool and his body temperature goes down. His muscles, blood vessels, and nervous system work together to restore his body tempe

Why did the Chinese peasants rebel against the manchus from 1850 to 1864?

What is the value of 9P5? A. 45 B. 126 C. 15,120 D . 59,049 A cooking club has 12 members.How many ways can they select a president and vice presiden

Which shows 5.45 written as a mixed number?

The weekly sales of a magazine increased from 500,000 to 600,000. By what percentage did the magazine sales increase?

one way that animals adapt to seasonal change

reduce 15 1/4 +1 1/2 +3/20 to lowest term.

why did the framers give the power to congress rather than to the states?

solve the proportion2x + 1/x + 1 = 14/3x-1