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Mathematics, 27.02.2021 05:00 jessicamartine994

You plan to open a Chick-Fil-A. The bank agrees to give you $35,000 loan with a 5,5% simple interest rate for 8 years.
How much will you owe back to the bank?
You have 15 years to payback the loan. How much will your monthly payments?

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You plan to open a Chick-Fil-A. The bank agrees to give you $35,000 loan with a 5,5% simple interest...

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