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An amount of $17,000 is borrowed for 6 years at 4% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back? Round your a…
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An amount of $17,000 is borrowed for 6 years at 4% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back? Round your a…
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Aug 19, 2024
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An amount of $17,000 is borrowed for 6 years at 4% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid
back?
Round your answer to the nearest dollar.
Mathematics
high-school
Aaran McGuire
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Aaran McGuire
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Answer:
21,080
Explanation:
Alex Ntousias
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Aug 24, 2024
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Alex Ntousias
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