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2 years ago

11

Frederick needs to borrow $3000 for a down payment on a new car. His uncle decided to loan him the money as a 4.5% loan. Frederi

ck doesn't want to pay more than $810 in interest. How many years does Frederick have to pay back the loan?

1 answer:

dolphi86 [110]2 years ago

8 0

He has 6 years to pay back the loan.

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