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To buy a car, jack borrowed $32,000 for 5 years at an annual dimple interest rate of 7.5%. How much will she have to repay at the end of the 5 years? Need for test corrections b…

To buy a car, jack borrowed $32,000 for 5 years at an annual dimple interest rate of 7.5%. How much will she have to repay at the end of the 5 years? Need for test corrections b…
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To buy a car, jack borrowed $32,000 for 5 years at an annual dimple interest rate of 7.5%. How much will she have to repay at the end of the 5 years?

Need for test corrections by tomorrow. ASAP!

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User NotACleverMan
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1 Answer

7 votes

At the end of the 5 years she will need $12000

2400 in one year of interest.

answered
User Peter Taylor
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8.5k points
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