jalenharris37 jalenharris37

06-05-2021
Mathematics

contestada

Michael borrowed at a rate of $8000 at a rate of 10.5%, compounded semiannually. Assuming he makes no payments, how much will he owe after 5 years? Do not round any intermediate computations, and round your answer to the nearest cent.

Respuesta :

solomonberhanu1996 solomonberhanu1996

06-05-2021

Answer:

840,000

Step-by-step explanation:

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