Wingate Company Borrowed $90000 on January 2 2017

question 44

Essay

Wingate Company borrowed $90000 on January 2 2017. This amount plus accrued interest of 6% compounded annually will be repaid at the end of 3 years. What amount will Wingate repay at the end of the third year?

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Definitions:

Urethritis

Inflammation of the urethra, often resulting in pain during urination and an increased urge to urinate.

Causative Organism

A pathogen or microorganism that causes disease or illness in its host.

Hypertension

High blood pressure, usually a chronic condition; often identified by a systolic blood pressure above 140 mm/Hg and/or a diastolic blood pressure above 90 mm/Hg.

CKD

Chronic Kidney Disease, a condition characterized by a gradual loss of kidney function over time.