Mathematics
Mathematics, 10.04.2021 18:30, isaaccott013

Miranda is renovating her home and needs a $32,000 loan to pay for the renovations. The bank offers her a 4.8% annual compound interest rate if she pays it off in 3 to 5 years. How much more would Miranda pay for the 5 year loan than the 3 year loan?

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Miranda is renovating her home and needs a $32,000 loan to pay for the renovations. The bank offers...

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