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Mathematics, 16.02.2021 20:00 fanny1211

You owe 12% interest each year on a 500$ loan. If you make no payments and take no additional loans, what will the loan balance be after 5 years? Write an expression to represent the balance and evaluate it to find the answer in dollars.

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You owe 12% interest each year on a 500$ loan. If you make no payments and take no additional loans,...
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