Question:

Suppose that 2000 is loaned at a rate of 15 compounded

Last updated: 2/26/2024

Suppose that 2000 is loaned at a rate of 15 compounded

Suppose that 2000 is loaned at a rate of 15 compounded monthly Assuming that no payments are made find the amount owed after 4 years Do not round any intermediate computations and round your answer to the nearest cent