Mathematics
Mathematics, 13.10.2020 05:01, destinyd10189

Kostas gets a four-year bank loan to buy a new car that is priced at $20,987. After four years, Kostas will have paid the bank a total of $22,960. What interest rate did the bank give him if the interest was compounded monthly ?

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Kostas gets a four-year bank loan to buy a new car that is priced at $20,987. After four years, Kost...

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