Mathematics
Mathematics, 23.10.2020 23:20, roygbiv1233

A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after one year (assuming the student has not made any payments yet)... a. if the bank charges 3.8% interest each year? $__

b. if the bank charges 5.3% interest each year? $__

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Answers: 2

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A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after on...

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