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March 27, 2017

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How much would you repay the bank if you borrowed $7,900 at 4.3% annual interest for 6 years?

  • math - ,

    Pt = Po + rtPo,

    Pt = 7900 + 0.043*6*7900,
    Pt = 7900 + 2038.20 = $9938.20.

  • Math - ,

    $9938.20

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