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2 years ago

5

An amount of $24,000 is borrowed for 9 years at 6.75% interest, compounded annually. If the loan is paid in full at the end of t

hat period, how much must be
paid back?
Use the calculator provided and round your answer to the nearest dollar.

1 answer:

MA_775_DIABLO [31]2 years ago

4 0

38,580 is the full amount of what he has to pay back

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