3) Brents borrows $6,600.00 for 2.5 years. He finds a lender that will loan him...
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3) Brents borrows $6,600.00 for 2.5 years. He finds a lender that will loan him the money at 9% compounded monthly. How much interest will he pay?
4) a husband and wife borrow $12,000.00 to pay their next quarterly deposits for taxes. they get the money at 6% compounded monthly and repay all interest and principal after 3 months. How much do they repay?
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