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normal interest rate componded sen-annually eaun.int tolu īy%, 0 14.34% b. 13.41% 12.60% A company has a loan that is due on December 30, 2029. At that tme they ane required to gay $20,000. What was the enginal amount of the loan if t was taken out on Sepeember 30, 2037 at u Select one $15,32833 $15,290.0 d$15,49 49 invest $2130.22 today. Four and à har years later, you see that investment has gown to Siuso. what nomiy rate of etree, ha ha. you been eam gh o 19.25% vou iwest Sisoo today and sneew S2000 18-months tem 6edey ǐ, , fund earning...-g% for ehe fnt 18 moths folowed byǐ? e% there-herkow much d, rou hne at the nd 0, 4 mars, Select one $43773 9406779 d s4274 59
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Answer #1

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APR 1tEARI+n)-1]xn n is number of compounding per year Semi-annually | 12.50% | r((1+13%)/(12)-1)*2 Hence, correct option is C. 12.60%

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