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Find the interest on a $6000 loan at 4% for 5 years.

Find the interest on a $6000 loan at 4% for 5 years.
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1 vote
Find the interest on a $6000 loan at 4% for 5 years.

User Psamwel
by
8.0k points

1 Answer

3 votes

Answer:

6000/1+0.04 power of 5

= 32,269.44

User Manas Kumar
by
8.2k points
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