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Mathematics, 22.10.2020 19:01 jaxhat646

Two customers took out bank loans Carl took out a 3-year loan for $20,000 and paid 5.00% interest compounded annually Steven took out a 5-year loan for $20,000 and paid 3.00% interest compounded annually What is the difference between the amounts of interest Carl and Steve paid for their loans A $32.98 B) $40.09 $52.91 D) $86.94 HELP!

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Two customers took out bank loans Carl took out a 3-year loan for $20,000 and paid 5.00% interest co...
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