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Algebra
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OpenStudy (anonymous):
1. Wanda took out a personal loan for $16,000 at 9% simple interest. a. How much interest will she pay after 5 years? b. Suppose she pays off the loan in 3 years instead of 5 years. How much money will she save in interest?
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OpenStudy (anonymous):
\[16000\times1.09^{x}\] I believe this is your equation. Make a table to help you visualize it.
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