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Mathematics, 15.11.2020 23:30, eazywalters
4. 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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4. A college student takes out a $7,500 loan from a bank. What will the balance of the
loan be afte...
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