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21 December, 05:46

Alisha has a 15000 car loan with 6 percent interest rate that is compounded annually how much will she have paid at the end of the five year loan term

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  1. 21 December, 08:30
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    A=p (1+r) ^t

    A=15,000 * (1+0.06) ^ (5)

    A=20,073.38
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