Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. need help with this a loan of $10,000 was repaid a

need help with this A loan of $10,000 was repaid at the end of 6...

60.1K

Verified Solution

Question

Finance

need help with this

A loan of $10,000 was repaid at the end of 6 months. What amount (principal and interest) was repaid if a 6.5% annual rate of interest was charged?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Benzene as a saturated liquid at 5,000 mmHg is fed to a vaporizer. The product from...

Chemistry
Q

The heating value of combustible fuels is evaluated based on the quantities known as the higher...

Chemistry
Q

1. Define the terms \"geodetic height\", \"geoidal height\", and \"orthometric height\", present the equation that expresses...

Civil Engineering
Q

Solve the given initial value problem. y'''+2y''-13y'+10y=0 y(0)=4    y'(0)=42 y''(0)= -134 y(x)=

Advance Math
Q

A concave mirror of small aperture and focal length of 8 cm lies on table...

Physics
Q

A piece of copper and another of germanium are cooled from room temperature to 80...

Physics
Q

Determine the value of y, if x is 10.y = |x|+8

Basic Math
Q

Integrate fete dr dx O e x C O None of the above O e...

Calculus
Q

Purchased one share of stock for $20 at the beginning of this year. Received a...

Accounting
Q

pls solve this Alberta Playground Inc. produces, markets,...

Accounting
Q

Sea Pines Villa: Are They Ready For The Big One? Margaret N. Boldt, Ph.D., CMA...

Accounting
Q

Jse the starting balance sheet, income statement, and the list of changes to answer the...

Accounting