Mathematics, 04.10.2020 05:01, madcat226
11. Simon borrows $5000 from a bank for 3 years. The interest rate is 4% p. a. for the first year and 5% p. a.
for the subsequent years. If the interest is compounded quarterly, find the amount that he has to pay
at the end of the 3rd year.
Answers: 3
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11. Simon borrows $5000 from a bank for 3 years. The interest rate is 4% p. a. for the first year an...
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