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3 years ago

6

You borrow $2250 at 4.8% compounded weekly for tuition. While you do not have to make payments for the 5 years that you are in s

chool, the interest is compounding. What is your loan balance after the 5-year grace period (if you've made no payments)?

1 answer:

Cloud [144]3 years ago

4 0

Answer:

432

Step-by-step explanation:

2250x4.8=10,800

5x5=25

10,800/25=432

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