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Mathematics, 13.11.2020 23:50 lashondrascott

Suppose that a loan of $8000 is given at an interest rate of 16% compounded each year. Assume that no payments are made on the loan.
Follow the instructions below. Do not do any rounding ?

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Suppose that a loan of $8000 is given at an interest rate of 16% compounded each year. Assume that...
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