cookiecastillo63
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  • 05-02-2021
  • Mathematics
contestada

A loan of $25,000 has an annual simple interest rate of 5.5%. The total cost of the loan is $38,750.
How much total interest will you pay?

How long does it take to repay the loan?

Respuesta :

serra45 serra45
  • 05-02-2021
You will pay about $134407323


Step by step explanation;
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