lisazvolena lisazvolena

15-05-2017
Mathematics

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The balance on a car loan after 4 years is $8,996.32. The interest rate is 5.6% compounding annually. What was the initial value of the loan?

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XxReverseKingxX XxReverseKingxX

18-05-2017

you would get 2015.17568 as the interest rate i believe

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