Mathematics Homework Help

Mathematics Homework Help. ​If $3000 is borrowed at a rate of 6.75% interest per year, compounded quarter

If $3000 is borrowed at a rate of 6.75% interest per year, compounded quarterly, find the amount due at the end of the given number of years. (Round your answers to the nearest cent.)

(a)      3 years
 

(b)      5 years
 

(c)      7 years

Mathematics Homework Help

 
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