Mathematics
Mathematics, 24.04.2020 22:42, jessicamcgoldri5625

Lance is taking out a loan to buy a $4,000 ring for his girlfriend. He has chosen an 8 year loan with a 5% interest rate compounded
quarterly. How much will he have paid over the course of the loan?
$5.909.82
$5,952.52
$5.295.78
$4,836.28

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