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Question 3 (1 point) Aloan of $14500 is being paid of with weekly payments of $25.00. Calculate what the balance of the loan is after
Question 3 (1 point) Aloan of $14500 is being paid of with weekly payments of $25.00. Calculate what the balance of the loan is after 118 weeks if the interest rate is 6.5% compounded weekly. Your answer should be accurate to the nearest cent. (Ex: 42001.34)
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