Question: Knowledge Check Question 2 uppose that $2000 is loaned at a rate of 9.5%, compounded semiannually. Assuming that no payments are made, find the amount

Knowledge Check Question 2 uppose that $2000 is loaned at a rate of 9.5%, compounded semiannually. Assuming that no payments are made, find the amount owed after 7 years. o not round any intermediate computations, and round your answer to the nearest cent

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