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April 19, 2014

Homework Help: business math

Posted by Anonymous on Monday, December 26, 2011 at 9:25pm.

Jill Ley took out a loan to pay for her child's education for $60,000. The loan would be repaid at the end of 8 years in one payment with an interest of 6 percent. The total amount Jill has to pay back at the end of the loan is:

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