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Mathematics, 05.02.2021 02:50 hrcatena

A loan of $25,000 has an annual simple interest rate of 5.5%. The total cost of the loan is $38,750. How much total interest will you pay?

How long does it take to repay the loan?

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A loan of $25,000 has an annual simple interest rate of 5.5%. The total cost of the loan is $38,750....

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