Question
A debt of $6,000 accumulated interest at 4.0% compounded monthly for 15 months, after which the rate changed to 8.5% compounded semiannually for the next
A debt of $6,000 accumulated interest at 4.0% compounded monthly for 15 months, after which the rate changed to 8.5% compounded semiannually for the next six months. What was the total amount owed at the end of the entire 21-month period?
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The Real Numbers And Real Analysis
Authors: Ethan D Bloch
1st Edition
0387721770, 9780387721774
