document.write( "Question 1193424: On January 5, Sydel borrowed 28,000 from Steph at 8% compounded
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document.write( "quarterly for 6 years and 4 months. How much would she pay then? \n" );
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Algebra.Com's Answer #825457 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! this is P=Po(1+r/t)^nt \n" ); document.write( "=28000(1+.02)^25.33 \n" ); document.write( "the 0.02 is the rate per quarter, 0.08/4 \n" ); document.write( "25.33 are the number of quarter years in 6 years and 4 months \n" ); document.write( "46,238.14 is what is needed to be paid. Round at the end. \n" ); document.write( " |