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Mathematics, 21.11.2019 15:31 Sidm29
Charlton borrowed 59.000 from his bank. the loan will be compounded quarterly for 55 years at a 7.5% interest rate. note: use the formula fv = p(1+)
the full amount to the nearest whole cent) he will owe to the bank (principal + interest) is?
a $13,543.48
b $ 12,876.47
c $14,064.21
d $15,135.09
e none of them are correct
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Charlton borrowed 59.000 from his bank. the loan will be compounded quarterly for 55 years at a 7.5%...
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