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Mathematics, 14.04.2021 03:20 CrunchyBreadstick

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 total over the course of the loan?

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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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