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Mathematics, 27.02.2021 05:10 sarahhans6711

The bank agrees to give you a $315,000 loan with a 1.5% simple interest rate for 8 years to open a Starbucks.
How much will you owe back to the bank?
You have 15 years to payback the loan. How much will your monthly payments?

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The bank agrees to give you a $315,000 loan with a 1.5% simple interest rate for 8 years to open a...
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