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Mathematics, 16.11.2020 20:40 lacourboud20005

Mr. Swanson’s company took out a loan to buy a photocopier. The first year, the company must pay 4.5% of the loan in interest, in addition to making monthly payments. Let c represent the original cost of the photocopier and m represent the monthly payment amount. Part A: Using the variables given above, write an expression for the total amount of money the company will have to pay on the loan the first year.

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Mr. Swanson’s company took out a loan to buy a photocopier. The first year, the company must pay 4.5...
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