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You are planning to lend $4,000 to someone you know. If you charge him an annual interest rate of 5.1% compounded monthly, how much will

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You are planning to lend $4,000 to someone you know. If you charge him an annual interest rate of 5.1% compounded monthly, how much will he owe you in 3 years? Round to the nearest dollar. Type your numeric answer and submit Answered - Incorrect - 2 attempts left Question 2 Homework - Unanswered * Due Today, 11:59 PM Someone you know needs a loan and she is willing to pay you back $12,000 in exactly 9 years. If you'd like to earn 3.6% compounded annually on this loan, how much would you be willing to loan her today? Round to the nearest dollar

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