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Joseph borrows $10000 from his sister Katie at an annual interest rate of 10%. If the interest is compounded twice a year, how much does he owe after 24 months? Give your answer in dollars. 

 Nov 27, 2021
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10,000 x [1.05]^4 ==10,000 x 1.21550625==12,155.0625==12,155 - what Joseph owes his sister.

 Nov 27, 2021

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