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Mathematics 18 Online
OpenStudy (anonymous):

henry invest $5000 in a mutual fund with an annual interest rate of 6.5%. he also has a 4-year, $10000 loan at 3.75%. when will the amount of interest earned on the mutual fund be equal to the amount of interest paid on the loan? round to the nearest tenth

OpenStudy (anonymous):

I = Prt right? What are you givens?

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