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Mathematics, 08.12.2021 22:00 bryannnnv

Jay decides to take out a $12,000 student loan during his first year in college. If he is charged 4.5% interest that is compounded annually, how much will the total loan amount equal in four years when he graduates?

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Jay decides to take out a $12,000 student loan during his first year in college. If he is charged 4....
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