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Using the calculator below, substitute the values to calculate the total amount of the loan using the compound interest formula. Time: 10 years Rate: 6%Number
Using the calculator below, substitute the values to calculate the total amount of the loan using the compound interest formula. Time: 10 years Rate: 6%Number or comping if periods per year: 12What is the total amount accrued? (Principal and interest). Round the answer to the nearest cent. a). $76,645b). $184,501c). $161,176d). $163,746
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