4*50 + 3*200 = 700
i hope this will help you
Answer:
The answer would be 20.97273616 or (rounded to the nearest cent) would be $20.97
Step-by-step explanation:
The reason for this is that the formula for compounded interest is 
where A is the total amount, P is the initial amount, r is the growth factor or the percent, n is the number of compounding periods, and t is the time. You would substitute P for 16, r for 0.14 (14%), n for 2 as it compounded semiannually so it for every 6 months instead of 1 year (annual) so is compounded 2 times per year, and t for 2. And just solve the equation and you get that A is equal to 20.97273616 but since we are talking about money( only round if asked) then it would be 20.97.
Hope this helps!!!!
12 payments of 211 because interest is primarily based on how long it will take you to pay back the loan, so the longer you take, the more interest you pay
