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 halfyearly 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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