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A 12500 loan for 3 years compounded at an annual interest rate of 18%
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A 12500 loan for 3 years compounded at an annual interest rate of 18%

User BanditoBunny
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See picture for answer and solution steps.

A 12500 loan for 3 years compounded at an annual interest rate of 18%-example-1
User Ivan Aracki
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it would be $ 6,750 or a total of  $19,250 
User Carson Welsh
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A 12500 loan for 3 years compounded at an annual interest rate of 18%
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