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never [62]
3 years ago
9

Steve borrows $20,000 for a car at an annual interest rate of 8.5% for 5 years. What is the balance of his loan?

Mathematics
1 answer:
arlik [135]3 years ago
6 0
8.5 x 5= 42.5 aka $42,500
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2 years ago
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If you need to solve this equation you can multiply the both side of equation on (-1). Like that
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