3. If you took out a car loan for $22,000, with a rate of 2% compounded semi-annually over 5 years, how much are you going to owe at the end if you never pay a monthly payment. a. $57,062.33 b. $24,301.

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asked May 18, 2022 124k views

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3. If you took out a car loan for $22,000, with a rate of 2% compounded semi-annually over

5 years, how much are you going to owe at the end if you never pay a monthly payment.
a. $57,062.33
b. $24,301.69
C. $24,289.78
d. $24,307.70

Mathematics
high-school

MMeah asked

by MMeah

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14 votes

The answer: C. 24,289.78
Hope this helps

Wajahath answered May 19, 2022

by Wajahath

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11 votes

Answer:

Explanation:

it's been a while since I've done this but I'm about 90% sure

Torsten Robitzki answered May 23, 2022

by Torsten Robitzki

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