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Suzy borrows $1000 at a simple interest rate of 4% annually.She pays back the loan over the course of 5 years. What is the future
Suzy borrows $1000 at a simple interest rate of 4% annually.She pays back the loan over the course of 5 years.
What is the future value of this loan?
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Numerical Analysis
Authors: Richard L Burden, J Douglas Faires, Annette M Burden
10th Edition
1305465350, 9781305465350
