Register
Joseph borrows 100000 from his sister Katie at an annual interest of 10%. If the interest is compounded twice a year, how much does he owe after 12 months?
222k views
3 votes
Joseph borrows 100000 from his sister Katie at an annual interest of 10%. If the interest is compounded twice a year, how much does he owe after 12 months?

User Ketan Parmar
by
5.1k points

2 Answers

6 votes
After 12 months it will be 328.7
User Saurav Rastogi
by
5.6k points
3 votes
After 12 months it will be 328.7
User Zeni
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

Solve for y in terms of x. 2/3y - 4 = x y = x + 6 y = -x + 4 y = -x + 6 y = x + 4
Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Ten gallons of paint were poured into two containers of different sizes. Use one variable to express the amount poured into each container
Use the normal model ​n(11371137​,9696​) for the weights of steers. ​a) what weight represents the 3737thth ​percentile? ​b) what weight represents the 9999thth ​percentile? ​c) what's the iqr of the weights
What is the value of x? (-4) - x = 5
Link Copied!