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Home Q & A Board Science-Related Homework Help Mathematics
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bluerose501 bluerose501
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A year ago
You borrowed $1,000 to pay off a school loan. The balance on the loan is $1,046.85 when you make the payment to clear the loan. Allowing for a time value of money of 2.5% compounded monthly, how long after the loan was issued did you make the final payment?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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relisabethrelisabeth
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A year ago
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