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2 answers:
9514 1404 393
Answer:
(a) $3480
(b) $4036.80
Step-by-step explanation:
(a) The amount due on the loan at the end of 1 year is ...
$3000×(1 +16%) = 1.16×$3000 = $3480
__
(b) The same multiplier applies to the loan value for the second year. The amount due at the end of year 2 is ...
1.16×$3480 = $4036.80
Answer:
Step-by-step explanation:
Year on is 480 dollars and year two is 960 dollars
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Step-by-step explanation:
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Answer:
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Thats what gauth.math said