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4. Mitch took out a school loan for $24,000. The interest rate on the loan was 8%.Mitch paid off the loan in just 5 years. How much did he pay altogether?24000 0.08.5p24000R=0.08T5 years1920.5u9600+I-
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4. Mitch took out a school loan for $24,000. The interest rate on the loan was 8%.Mitch paid off the loan in just 5 years. How much did he pay altogether?24000 0.08.5p24000R=0.08T5 years1920.5u9600+I-

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