[Solved] If you borrow $ 3 0 , 0 0 0 now from a lo

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If you borrow $ 3 0 , 0 0 0 now from a loan company XYZ Ltd at an interest of 1 0 % to

If you borrow $

30, 000

now from a loan company XYZ Ltd at an interest of

10 %

to help you complete your degree in four years. The company only wants you to pay it back at the end of four years in one lump sum. What is the amount you have to pay?

.

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