Ask your own question, for FREE!
Mathematics 37 Online
OpenStudy (anonymous):

can someone help me pleeeese... Mellisa Co. borrowed money that is to be repaid in 7 years. So that the loan will be paid back at the end of the 7th year, the company invests $12,000 at the end of each year at 12 percent compounded annually. The amount of original loan was:

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
xXAikoXx: i have hip pain help.
1 hour ago 2 Replies 1 Medal
alphaXtiger: help .,.
2 hours ago 5 Replies 1 Medal
ihy: here's a song
4 hours ago 0 Replies 0 Medals
ihy: Here's a song I learned.
4 hours ago 0 Replies 0 Medals
abound: Im sad
4 hours ago 6 Replies 1 Medal
xXAikoXx: i got upper back pain help
5 hours ago 9 Replies 2 Medals
Gdub08: What's the best way to study for a test and quiz?
7 hours ago 9 Replies 1 Medal
dkffjlflsjkdfj: find the value of X
8 hours ago 2 Replies 0 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!