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denis-greek [22]

3 years ago

10

Mia borrowed 5,000 from her grandparents to pay college expenses. She pays them 125 each month,and simple interest at an annual

rate of 5% on the remaining valence of the loan at the end of the year?
How many months will it take her to pay the loan off? Explain.

1 answer:

ivanzaharov [21]3 years ago

8 0

It will take her 40 months

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