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Gal Gadot borrows $125,000 at a yearly simple interest rate of 4.5%. How much would she pay, in total, if she paid off the loan in 15 years?
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Gal Gadot borrows $125,000 at a yearly simple interest rate of 4.5%. How much would she pay, in total, if she paid off the loan in 15 years?

User SSAMEERR
by
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1 Answer

3 votes

Answer:

$241,910.31

Explanation:

Compound interest

125,000(1.045)^15

Also, Gal Gadot is the best!

User Aprillion
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