Suppose that $2000 is loaned at a rate of 17%, compounded semiannually. Assuming that no payments are made, find the amount owed after 5 years. Do not round any intermediate computations, and round your

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Aug 16, 2022 177k views

1 vote

Suppose that $2000 is loaned at a rate of 17%, compounded semiannually. Assuming that no payments are made, find the amount owed after 5 years.

Do not round any intermediate computations, and round your answer to the nearest cent.

Mathematics
high-school

Matiullah Karimi asked

by Matiullah Karimi

4.1k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

6 votes

Answer:

3,400

Explanation:

cccccccccccccccccccccccccccccccccccccccccccccccc

Teneshia answered Aug 20, 2022

by Teneshia

3.7k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.5m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions