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Ber [7]
4 years ago
5

An amount of $35,000 is borrowed for 6 years at 4.5% interest, compounded annually. if the loan is paid in full at the end of th

at period, how much must be paid back?
Mathematics
1 answer:
Vlada [557]4 years ago
3 0
Answer: $45579.10 
35000(1+.045)^6
Hope this helps!!!!!!!!!!!!!!
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