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11-10-2019
Mathematics

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sam owns $12,000 in loans for college , the interest rate is 8.25% and the loan will be paid off over 6 years . How much will he pay altogether?

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bluedragon097679 bluedragon097679

11-10-2019

Answer:

If the interest rate is 8.25% each month then it would be $193,440 in total.

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