subject
Mathematics, 23.06.2020 19:01 gracie6313

Riley borrows $8000 at 7.1% compounded semi-annually. He thought he would owe $11 406 at the end of 6 years but his friend Clayton thought he would owe $12 073,32.
Most likely, what error(s) did Paul and Clay make?
What is the correct amount he will have to pay back in 6 years?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Trigonometry hellllllpppppppp asap
Answers: 1
question
Mathematics, 21.06.2019 13:40
Solve the equation 3x2 + 19x + 9 = 0 to the nearest tenth.
Answers: 1
question
Mathematics, 21.06.2019 17:00
The vet charges $45 for an office visit and $10 for each vaccination your dog needs. write an eaquation
Answers: 1
question
Mathematics, 22.06.2019 01:00
Y= x – 6 x = –4 what is the solution to the system of equations? (–8, –4) (–4, –8) (–4, 4) (4, –4)
Answers: 1
You know the right answer?
Riley borrows $8000 at 7.1% compounded semi-annually. He thought he would owe $11 406 at the end of...
Questions
question
Spanish, 05.05.2020 16:09
question
Mathematics, 05.05.2020 16:09
question
History, 05.05.2020 16:09
question
Mathematics, 05.05.2020 16:09
question
Biology, 05.05.2020 16:09
Questions on the website: 13722363