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Daniel L.

asked • 05/15/17

Finding how much the loan is and borrowed

Your loan payment is $276.25 every month and the loan is for 5 years with an annual percentage rate of 4%. How much did you borrow? Justify in detail how you arrived at your answer.

1 Expert Answer


James B. answered • 06/05/17

5.0 (3,069)

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