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Natalija [7]
3 years ago
12

Alisha has a 15000 car loan with 6 percent interest rate that is compounded annually how much will she have paid at the end of t

he five year loan term
Mathematics
1 answer:
svetlana [45]3 years ago
7 0
A=p(1+r)^t
A=15,000×(1+0.06)^(5)
A=20,073.38
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x = # of days

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Wow I'd love to go to that store of yours! :P Anyways if you were asking for the new discounted price I solved this equation: 12*0.8 and got $9.60. But if it was asking for <em>how </em> <em>much </em>was discounted, I would do 12*0.2 and $2.40.

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