Mathematics, 27.02.2021 07:50 AM28

You go to your bank to get a $100,000 to buy a new Tesla. The bank will be charging 2% interest, compounded monthly, for 5 years. How much will you end up paying in total to your bank over the course of this loan? Round your answer to the cent.

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You go to your bank to get a $100,000 to buy a new Tesla. The bank will be charging 2% interest, com...

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