Jones of Boston borrowed $40,000, 90 day, 10% note. After 60 days Jones made an initial payment of $6,000. Assuming the U.S. Rul
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Half one is 1/2;
half three is 3/2;
Thus, if f(x) represents annual growth, f(x)/2 shows it every half-year, like this:
Written in plain text: f(x)=15/2*2^x
half three is 3/2;
Thus, if f(x) represents annual growth, f(x)/2 shows it every half-year, like this:
Written in plain text: f(x)=15/2*2^x