Mathematics, 18.03.2021 21:20 alexabdercmur

Jack took out a 6-year loan for $25,000 to purchase a boat at a 4.5% interest rate. If the interest is
compounded monthly, what will he have paid in total
over the course of the loan?

Answers: 2

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Jack took out a 6-year loan for $25,000 to purchase a boat at a 4.5% interest rate. If the interest...

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More questions: Mathematics Another questions

Jack took out a 6-year loan for $25,000 to purchase a boat at a 4.5% interest rate. If the interest is compounded monthly, what will he have paid in total over the course of the loan?

Answers

Another question on Mathematics

Jack took out a 6-year loan for $25,000 to purchase a boat at a 4.5% interest rate. If the interest is
compounded monthly, what will he have paid in total
over the course of the loan?