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

I need to give a speech in my sis wedding what speech should I say to the married people

the perimeter of a square JKLM is 48 units ..what is the x?

Please help!!! Joint stock companies: a. increased trade between the West Indies and North America. b. established the Columbian Exchange. c. reduced investment

Jasmine bought 1.3 pounds of ham and 0.8 pounds of cheese from the deli and paid $11.28. She went back the following week and bought 1.5 pounds of ham and 1.2 p

Can I get some help please someone

Which of the following animals would you expect to have a forelimb most similar to a whale? 1) Monkey 2) Ostrich 3) Shark 4) Lobster

Can someone please help me?

What is the value of x? Enter your answer in the box.

Cities in this part of the United States are known for being centers of media, services, and technology. The entertainment industry is largely based here, and

Geographically, people in western Russia have tended to identify with Europe more than Asia because