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OpenStudy (anonymous):
true or false the total intrest on a five year 5.2% loan with a principal of 10000 is 10000x5=2600
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OpenStudy (anonymous):
false...
OpenStudy (anonymous):
u postive?
OpenStudy (anonymous):
is the interest annually?
OpenStudy (anonymous):
\[I=P(1.052^{5})\]
OpenStudy (anonymous):
\[I=10^{4}(1.052^{5})\]
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