Math, asked by sandeepkaur21211, 7 months ago

3. Compute the nominal annual rate of interest compounded semi-annually on a loan of $48

000 repaid in installments of $4000 at the end of every 6 months in 10 years.

Answers

Answered by student9138

0

Answer:

a=p*(1+r/200)^2n

Step-by-step explanation:

n is mode of compounding

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