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Mathematics, 05.02.2022 14:00 highschoolboy

Eli has a loan of $3500. This loan charges 5% interest
compounded annually. What is the
amount of interest that Eli will be
charged on this loan at the end of
four years?
(Round to the nearest cent)


Eli has a loan of $3500.

This loan charges 5% interest
compounded annually. What is the
amount of

ansver
Answers: 1

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Eli has a loan of $3500. This loan charges 5% interest
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