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Use L=PRT to solve. (Time is in years) (Remember .8%=.08 in decimal form) L=14,400 R=8% T=30 years (FindP)
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Use L=PRT to solve. (Time is in years) (Remember .8%=.08 in decimal form) L=14,400 R=8% T=30 years (FindP)

User Katang
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P=L/rt=14400/0.08*30==6,000
User Peter Morris
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