Saturday
April 19, 2014

Homework Help: math

Posted by Annie on Thursday, January 19, 2012 at 10:06pm.

Loan #1
Year Amount owed
1 $3796
2 $3942
3 $4088



Loan # 2
Year Amount owed
1 $977.53

2 $1036.18
3 1098.35

For loan #1 is simple interest. Loan #2 is compound interest
How much was each loan originally
Determine the future value of each loan after 10 years
No one has answered this question yet

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - Loan #1 Year Amount owed 1 $3796 2 $3942 3 $4088 Loan # 2 Year Amount ...
math - in 2nd year Adam owed $ 977.53, in the 3rd year he owed $ 1036.18 and in ...
Math - hollis is paying off 2 student loans. One loan charges 7% interest, per ...
Mathematics - (a)A loan of 12 000 was borrowed from a bank at 14% per annum ...
Mathematics - A loan of 12,000 was borrowed from a bank at 14% per annum. ...
MATH - CALCULATE $310 LOAN AT THE RATE OF 12% PER YEAR. HOW MUCH INTEREST IS ...
Math - Loan Amount: $15,000 Method of payment: discount basis Amount of Interest...
math - Translate the problem into a pair of linear equations in two variables. ...
Math algebra - Sarah’s two student loans totaled $12,000. One of her loans was ...
Math Algebra - Cole’s two student loans totaled $31,000. One of his loans was at...

Search
Members