Randy took out a subsidized student loan of $7,000 at a 3.6% APR, compounded monthly, to pay for his last semester of college. I
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<em>Golden ratio, also known as the golden section, golden mean, or divine proportion, in mathematics, the irrational number (1 + Square root of√5)/2, often denoted by the Greek letter ϕ or τ, which is approximately equal to 1.618.</em>