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You and your family are planning the vacation of a lifetime around the world that would cost 25,000.You borrowed this amount from your bank with an annal interest rate of 10.5%.You decide to pay it back in 5 years.What is the interest that will accrue on this loan

2 Answers

1 vote

Answer:

238.095238 is correct

User Cellcortex
by
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7 votes

Answer:$13,125

Explanation:

User Akshay Deshmukh
by
6.1k points