Question:
if $5,000 is borrowed with an interest of 12.3% compounded
Last updated: 7/14/2022
if $5,000 is borrowed with an interest of 12.3% compounded semi-annually, what is the total amount of money needed to pay it back in 3 years? Round your answer to the nearest dollar. Do not round at any other point in the solving process; only round your answer.