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ahrayia [7]
2 years ago
14

Herman took out a loan for $8,500 at a rate of 8% for a term of 10 years. How much interest will he pay on the loan?

Mathematics
1 answer:
Natalka [10]2 years ago
8 0

Answer:

Monthly loan payment is $400.76 for 60 payments at 7.5%.

Step-by-step explanation:

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