Question: Adam borrowed $5000 at 10% compounded semi-annually. He repaid $2000 after two years and $2500 after three years. How much will he owe after five

Adam borrowed $5000 at 10% compounded semi-annually. He repaid $2000 after two years and $2500 after three years. How much will he owe after five years?

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Adam borrowed $5000 at 10% compounded semi-annually. He repaid $2000 after two years and $2500 after three years. How much will he owe after five years?

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