Mathematics, 13.03.2020 00:23, joujousis

Jane Smith took out a loan for $40,000 to pay for her child's education. The loan would be repaid at the end of eight years in one payment with interest of 12%. What is the total amount Jane has to pay back at the end of the loan?

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Jane Smith took out a loan for $40,000 to pay for her child's education. The loan would be repaid at...