jade11life jade11life

24-10-2020
Mathematics

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If 5000 is borrowed with an interest of 12.3% compounded semi-anually

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thinleykezangdema thinleykezangdema

24-10-2020

Answer:

312.5

Step-by-step explanation:

P=5000

r=12.5%=0.125

t=6month=0.5years

I=P•r•t

I=(5000)(0.125)(0.5)

I =$312.5

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