Mathematics, 31.03.2021 20:00 avagymnast421
Jenna takes a loan of $10000 at a rate of 4.8%, which is compounded monthly.
She makes a monthly payment of $250. How long will it take her to repay the
loan? Choose the correct option.
A 2 years 8 months
B 3 years 6 months
3 years 8 months
D 4 years 2 months
Answers: 3
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Jenna takes a loan of $10000 at a rate of 4.8%, which is compounded monthly.
She makes a monthly pa...
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