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Asma owns $52000 in student loans for college. if the loan will be repaid in 5.5 years and the interest rate charged is 6.75% then how much will she pay altogether?

Asma owns $52000 in student loans for college. if the loan will be repaid in 5.5 years and the interest rate charged is 6.75% then how much will she pay altogether?
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asma owns $52000 in student loans for college. if the loan will be repaid in 5.5 years and the interest rate charged is 6.75% then how much will she pay altogether?

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User Garrettmac
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8.2k points

1 Answer

6 votes
I=$52,000 R=6.75% T=5.5 years P=$19,305
answered
User Donny Winston
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8.0k points
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