Mathematics, 21.04.2020 21:54, samy14

Suppose that $2000 is loaned at a rate of 11%, compounded semiannually. Assuming that no payments are made, find the amount owed after 5 years.
Do not round any intermediate computations, and round your answer to the nearest cent.

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Suppose that $2000 is loaned at a rate of 11%, compounded semiannually. Assuming that no payments ar...