Homework Compounding Fail

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Math Fail

Seems to be a $405.43 bankers fee. From my hybrid Calculus 2 class.

Submitted by: Matthew Wilkins

9 thoughts on “Homework Compounding Fail”

  1. still don’t get it!?
    The 17114,22 seems correct to me, but the 9,9 should be log(2) /log(1,07) = 10,24

    Is that the fail?

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