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Colby took out a sinlge payment loan for $550 that charged a $60 fee. How much does he have to pay by the time the loan reaches maturity?
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Colby took out a sinlge payment loan for $550 that charged a $60 fee. How much does he have to pay by the time the loan reaches maturity?

User Pagetribe
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2 Answers

2 votes

Answer:

Step-by-step explanation610:

User KeithP
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3 votes
He has to pay by the time the loan reaches maturity
550+60=610
User Lupos
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