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You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?

You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?
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1 vote
You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?

User Bmorenate
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1 Answer

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Answer: You will pay $2,302 back.

Step-by-step explanation:

User Jasper Seinhorst
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You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?
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