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For an interest rate of 8%, compounded annually, find. Provide Calculations. How much can be loaned now if $5,000 will be repaid at the end
For an interest rate of 8%, compounded annually, find. Provide Calculations.
- How much can be loaned now if $5,000 will be repaid at the end of 5 years.
- How much will be required in 4 years to repay a $12,000 loan now.
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