Question
Problem 4-25 (Repaying a Loan) While Mary Corens was a student at the University of Tennessee, she borrowed $9,000 in student loans at an annual
Problem 4-25 (Repaying a Loan)
While Mary Corens was a student at the University of Tennessee, she borrowed $9,000 in student loans at an annual interest rate of 10%. If Mary repays $1,800 per year, then how long (to the nearest year) will it take her to repay the loan? Do not round intermediate calculations. Round your answer to the nearest whole number.
year(s)
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Introduction to Real Analysis
Authors: Robert G. Bartle, Donald R. Sherbert
4th edition
ISBN: 471433314, 978-1118135853, 1118135857, 978-1118135860, 1118135865, 978-0471433316
