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Mathematics, 16.03.2020 18:57 katerin5133

Andy is buying a new car at a cost of $24,000. At midnight tonight, the interest rate will go up from 4.5% to 5%, compounded continuously. If Andy is financing the car for 5 years, how much extra will the increased interest rate cost him overall? Round to the nearest dollar.

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Andy is buying a new car at a cost of $24,000. At midnight tonight, the interest rate will go up fro...
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