Mathematics
Mathematics, 18.10.2021 03:40, NayeliNoel

The future amount due on a compound interest loan of $12,000 at 7% compounded semiannually for four years is approximately($13,239, $15,730, or $15,802)
If the compounding period is increased to monthly, the amount due on the loan would
be approximately($12,282, $15,730, or $15,865)

please help! for quant lit online course!

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Answers: 2

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The future amount due on a compound interest loan of $12,000 at 7% compounded semiannually for four...

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