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You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?

You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?
asked 42.9k views
1 vote
You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?

asked
User Bmorenate
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7.6k points

1 Answer

2 votes

Answer: You will pay $2,302 back.

Step-by-step explanation:

answered
User Jasper Seinhorst
by
8.2k points
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User Schlangi
asked Dec 20, 2023 42.7k views
You borrowed $1,690 for 5 1/2 years a at 5.7% compounded semi annually. What total will you pay back?
Schlangi asked Dec 20, 2023
by Schlangi
8.6k points
1 answer
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