Solution-How much will lynn receive at the end of seven

How much will lynn receive at the end of seven years

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Problem - Lynn Ally, owner of a local Subway shop, loaned $54,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 7 years with 10% interest compounded semiannually. How much will Lynn receive at the end of 7 years?

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How much will lynn receive at the end of seven years

Reference no: EM133017781

Reference no: EM133017781

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