keannasixteenp5hcv4 keannasixteenp5hcv4

12-03-2018
Mathematics

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Jill Ley took out a loan for $60,000 to pay for her child's education. The loan must be repaid at the end of eight years in one payment with interest of 6%. The total amount Jill has to pay back at the end of the loan is?

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alishedd83 alishedd83

12-03-2018

I believe the answer would be $63,600.

Hope this helps ;}

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