The total amount owed after 6 months will be found using the formula:
FV=P(1+r/100*n)^n
P=principle=$10000
r=rate=18%
n=terms=0.5
FV=10000(1+18/2*100)^0.5
FV=$10,440.30651
Thus the amount owed will be $10440.30651
It is 51,600%. Hope it helps
At least 8 routes, at most 63 routes
Lol do your own work. Pay attention in class, it'll pay off ;)
