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Business, 18.12.2019 23:31 alaina33

Acertain college graduate borrows $8000 to buy a car. the 10%.assumingthatinterest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k, determine the payment rate k that is required to pay off the loan in 3 years. also determine how much interest is paid during the 3-year period.

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