SOLUTION: Find the amount due on a loan of $14,000 at 12%interest compounded annually for 5 years.
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Question 150849: Find the amount due on a loan of $14,000 at 12%interest compounded annually for 5 years.
Answer by vleith(2983) (Show Source): You can put this solution on YOUR website!
see this --> http://www.moneychimp.com/articles/finworks/fmfutval.htm
r = 12% = 0.12
n = 5
Principle = 14000
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