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Suppose that $2000 is loaned at a rate of 19.5%, compounded semiannually. Assuming that no payments are made, find the amount owed after 4 years

Suppose that $2000 is loaned at a rate of 19.5%, compounded semiannually. Assuming that no payments are made, find the amount owed after 4 years
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Suppose that $2000 is loaned at a rate of 19.5%, compounded semiannually. Assuming that no payments are made, find the amount owed after 4 years

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User Makhdumi
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1 Answer

2 votes

Answer: $2390

Step-by-step explanation: hope this helps <3

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User Simalone
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