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Mathematics, 25.02.2021 17:40 miya9946

Joseph took out a loan from the bank to purchase a new car. The initial loan amount was for $25,000 with an interest rate of 3.5%. If Joseph takes 5 years to pay off the loan, what is the total amount he will have paid for the car?

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Joseph took out a loan from the bank to purchase a new car. The initial loan amount was for $25,000...
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