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13-11-2020
Mathematics

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A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after one year (assuming the student has not made any payments yet):

if the bank charges 5.3% interest each year?

Respuesta :

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13-11-2020

Answer:

the balance of the loan be after one year is $7897.5.

Step-by-step explanation:

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