If you borrowed $1000 on May 1, 2019, at 10% compounded semi-annually, and interest on the loan

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If you borrowed $1000 on May 1, 2019, at 10% compounded semi-annually, and interest on the loan amounts to $157.63, on what date is the loan due?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Question Posted: Nov 29, 2017 06:46 AM

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If you borrowed $1000 on May 1, 2019, at 10% compounded semi-annually, and interest on the loan

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PV 100000 I15763 FV 115763IY 10 C Y 2 i 5 005 115763 10...View the full answer

Contemporary Business Mathematics with Canadian Applications

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