A company lends $1,300,000 for 1 year at 12%, compounded monthly to another company that manufactures tug boats. Find (a) the future value and (b) the interest.

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asked Sep 17, 2022 86.9k views

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A company lends $1,300,000 for 1 year at 12%, compounded monthly to another company that manufactures tug boats. Find (a) the future value and (b) the interest.

Mathematics
college

Rafoo asked

by Rafoo

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Answer:

use photomath it helps a lot

Mathieu answered Sep 23, 2022

by Mathieu

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