Mathematics, 14.10.2019 08:00, kelli151

Acouple took out a 5-year $30,000 loan to pay for for their wedding. after 5 years, the loan payments they had made to the bank amounted to $38,250. the interest rate on the loan, compounded continuously, is %. if they had taken an 8-year loan instead of a 5-year loan, they would have paid approximately $more. nextreset

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Acouple took out a 5-year $30,000 loan to pay for for their wedding. after 5 years, the loan payment...