Mathematics, 20.10.2019 16:30 Kaesy24

Acouple took out a 5-year $30,000 loan to pay for for their wedding. after 5 years, the loan payments they had made to the bank amounted to $38,250.
the interest rate on the loan, compounded continuously, is %. if they had taken an 8-year loan instead of a 5-year loan, they would have paid approximately $more.

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Acouple took out a 5-year $30,000 loan to pay for for their wedding. after 5 years, the loan payment...

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