SOLUTION: find the total amount that must be repaid in each of the following cases
a. a loan of $25 000 made on June 5 to be repaid on february 5 of the following year with interests of 14%
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Question 729380: find the total amount that must be repaid in each of the following cases
a. a loan of $25 000 made on June 5 to be repaid on february 5 of the following year with interests of 14% per annum
b. a loan of $1 000 to be repaid after 6 years at 5% compounded annually
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
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