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Jenny vorrows $30000 for college at an interest rate of 5.7% compounded quarterly. She will pay back the loan in 8 years, ( 6 marks
Jenny vorrows $30000 for college at an interest rate of 5.7% compounded quarterly. She will pay back the loan in 8 years, ( 6 marks ) a. How much does Jenny owe in 8 years b. How much interest will Jenny pay
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