Mathematics
Mathematics, 03.02.2021 21:10, fatty18

Todd takes out a student loan for $25,000. The annual simple interest rate on the loan is 7.75%. If Todd will be paying $38,750 in interest alone, how many years is he taking to pay off the loan?

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Todd takes out a student loan for $25,000. The annual simple interest rate on the loan is 7.75%. If...

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