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Mathematics, 10.02.2021 17:00 fmyear12

A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after five years (assuming the student has not made any payments yet) if the bank charges 2.8% 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 fi...
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