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08-01-2024
Mathematics

contestada

In order to buy a car, you borrow $15,000 from a friend at 6% per year compounded monthly for 4 years.

Question: What is the total amount to be repaid at the end of the 4 years, including interest?

A) $18,489.52
B) $16,240.00
C) $17,934.56
D) $19,326.78

Respuesta :

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