Posted by **Shane** on Tuesday, June 18, 2013 at 1:56am.

Find the total amount required to pay off a loan of 16000 plus interest at the end of 8 years if the interest is compounded half-yearly and the rate is 14% p.a.

- Maths -
**Steve**, Tuesday, June 18, 2013 at 4:17am
16000(1+.14/2)^(2*8) =

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