The interest charged on a student loan that Harman obtained from a bank for four years was

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The interest charged on a student loan that Harman obtained from a bank for four years was $1855. If the bank charged an interest rate of 4.35% compounded monthly, calculate the accumulated value of the loan at the end of the period.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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