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Question 3 of 5 Tiffany borrowed $34,000 from a local bank at 6% compounded semi- annually to start a business. After 3 years, the interest
Question 3 of 5 Tiffany borrowed $34,000 from a local bank at 6% compounded semi- annually to start a business. After 3 years, the interest rate on the debt changed to 4% compounded monthly. a. What would be the accumulated amount of the debt in 3 years? $0.00 Round to the nearest cent b. What would be the accumulated amount of the debt in 7 years? Round to the nearest cent
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