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What is the future value of a loan of $2800 to be repaid in 8 months at an annual interest of 9%?
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What is the future value of a loan of $2800 to be repaid in 8 months at an annual interest of 9%?

User Doublespeed
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1 Answer

5 votes
9% of $2800 = 252
$2800 + $252 = $3052
User ZettaP
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