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Mathematics, 27.02.2021 04:50 josephaciaful

To attend the University of Houston Main Campus, the bank agrees to give you $35,000 loan with a 2% simple interest rate for 8 years.
How much will you owe back to the bank?
You have 15 years to payback the loan. How much will your monthly payments?

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To attend the University of Houston Main Campus, the bank agrees to give you $35,000 loan with a 2%...

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