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A late penalty of 10% will apply to new answers. You've just taken out a student loan with a quoted interest rate of 4.7%. You
A late penalty of 10% will apply to new answers. You've just taken out a student loan with a quoted interest rate of 4.7%. You will have to pay back $2,100 in 17 years, with no intermediate payments necessary. A Attempt 1/10 for 9 pts. How much did you borrow if interest is compounded annually? Attempt 1/10 for 9 pts. How much did you borrow if interest is compounded monthly? Attempt 1/10 for 9 pts. How much did you borrow if interest is compounded daily
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