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Mathematics, 13.11.2020 02:30 christinaruckepegvlp

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): if the bank charges 5.3% interest each year?

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A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after on...
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