subject
Mathematics, 21.10.2020 22:01 sammilower04

Ben takes out a loan of $2,500 with a 5.5% interest rate that is compounded semi-annually. If he pays off the loan in 5 years, how much will he end up paying? Round your answer to the nearest cent. Do NOT round until you have calculated the final answer.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:20
Browning labs is testing a new growth inhibitor for a certain type of bacteria. the bacteria naturally grows exponentially each hour at a rate of 6.2%. the researchers know that the inhibitor will make the growth rate of the bacteria less than or equal to its natural growth rate. the sample currently contains 100 bacteria.the container holding the sample can hold only 300 bacteria, after which the sample will no longer grow. however, the researchers are increasing the size of the container at a constant rate allowing the container to hold 100 more bacteria each hour. they would like to determine the possible number of bacteria in the container over time.create a system of inequalities to model the situation above, and use it to determine how many of the solutions are viable.
Answers: 1
question
Mathematics, 21.06.2019 18:30
How do you solving the solution of each system using elimination?
Answers: 2
question
Mathematics, 21.06.2019 23:50
Apolynomial has two terms. check all of the factoring methods that should be considered. common factor difference of cubes sum of cubes difference of squares perfect-square trinomial factoring by grouping
Answers: 3
question
Mathematics, 22.06.2019 01:30
Aresearch study is done to find the average age of all u.s. factory workers. the researchers asked every factory worker in ohio what their birth year is. this research is an example of a census survey convenience sample simple random sample
Answers: 2
You know the right answer?
Ben takes out a loan of $2,500 with a 5.5% interest rate that is compounded semi-annually. If he pay...
Questions
question
Social Studies, 16.08.2021 23:40
question
Mathematics, 16.08.2021 23:40