Lena borrowed 58000 at a rate of 19%, compounded quarterly. Assuming she makes no payments, how much will she owe after 6 years?
Do not round any intermediate computations, and round your answer to the nearest cent.

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glowbaby123

04.07.2021

Mathematics

When the graph crosses the x axis y = 0 so we have

log3 (x - 2) + 1 = 0

log3 (x - 2) = -1

(x - 2) = 3^-1 = 1/3

x = 2 1/3 answer

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Lena borrowed 58000 at a rate of 19%, compounded quarterly. Assuming she makes no payments, how much will she owe after 6 years? Do not round any intermediate computations, and round your answer to the nearest cent.