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lynn ally, owner of a local aubway shop loaned 51,000 to pete hall to help him open a subway franchise. pete plans to replay lynn
lynn ally, owner of a local aubway shop loaned 51,000 to pete hall to help him open a subway franchise. pete plans to replay lynn at the wnd of the 9 years with 4% interest compounded semiannually. how much will lynn recieve at the end of 9years.
Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 9 years with 4% interest compounded semiannually. How much will Lynn recelve at the end of 9 years? (Use the Iable provided.) Note: Do not round intermediate calculations. Round your answer to the nearest cent Step by Step Solution
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