Mathematics, 07.06.2021 19:10 clark4590

The CIBC is offering a low 2.9% annual interest rate for a new line of credit. They will compound the interest yearly. Joan gets a line of credit from CIBC with this interest rate
and uses it to buy a piano for $12 000. What is the balance of this line of credit after 10
years? (Assuming no payments have been made).

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The CIBC is offering a low 2.9% annual interest rate for a new line of credit. They will compound t...