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
6.8k points

2 Answers

6 votes
After 12 months it will be 328.7
User Saurav Rastogi
by
7.1k points
3 votes
After 12 months it will be 328.7
User Zeni
by
6.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.1m questions

10.7m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!