Business, 03.09.2021 15:40 bajohnson8170

A small analytical laboratory borrowed $38,000 (the original amount or the principal) at an interest rate of 16% per year to purchase a used Agilent gas chromatograph. If the lab repays the loan plus interest in 1 year, how much must it pay at the end of the year? At the end of the year, the lab must pay $

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A small analytical laboratory borrowed $38,000 (the original amount or the principal) at an interest...

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