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Gerald will be finishing his payments on his 5-year, $45,000 student loan and wants to know the amount of interest that he

paid over the course of the loan. The student loan has a 4.1% fixed interest rate that is compounded monthly. Calculate the
total amount of interest Gerald paid, rounding to the nearest cent.

User Meow
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1 Answer

13 votes
13 votes

Answer: 538

Step-by-step explanation: en verdad no sé pero eso fuelo que me salio

User Andrea Fiore
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