Question:

A developer wants to buy a certain parcel of land The

Last updated: 3/19/2023

A developer wants to buy a certain parcel of land The

A developer wants to buy a certain parcel of land The developer feels she can afford payments of 29 000 each half year for the next 8 years How much can she borrow and hold to this budget at an annual rate of 7 8 compounded semianually Round your answer to the nearest cent A 696 273 10 B 340 423 07 196 058 37 D 524 996 94 656 320 20