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You take out a loan for $523 at an interest rate of 9% for five years. What is the total amount that you will have at the end of the five years?

You take out a loan for $523 at an interest rate of 9% for five years. What is the total amount that you will have at the end of the five years?
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You take out a loan for $523 at an interest rate of 9% for five years. What is the total amount

that you will have at the end of the five years?

User Emeraldhieu
by
8.1k points

1 Answer

5 votes

Answer:

$758.35

Explanation:

User Mugetsu
by
8.3k points
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