herculus596 herculus596

23-03-2021
Mathematics

contestada

How much would you have to repay on a credit card debt of $3500 after three years if the interest
rate is 20% compounded half-yearly

Respuesta :

WhitePanther WhitePanther

23-03-2021

Answer:

700$.

Step-by-step explanation:

20 ÷ 100 = 0.2

0.2 x $3,500 = 700$

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