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recieve at the of 9 years? Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway
recieve at the of 9 years?
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 tynn at the end of 9 years with 4% interest compounded semiannually. How much will Lynn recelve at the end of 9 years? (Use the Table provided.) Note: Do not round intermediate calculations. Round your answer to the nearest cent Step by Step Solution
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