In order to expand, a small business borrows $250,000 at 5.75% compounded quarterly. The loan is due in 6 years, at which time the business will pay it all off at once. How much interest will they pay?

Where is the problems

This law is sometimes called the grouping property. as you can see, regardless of how the numbers are grouped, the answer is still 13. the associative law of multiplication is similar to the same law for addition. it says that no matter how you group numbers you are multiplying together, you will get the same answer.