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Mathematics 23 Online
OpenStudy (anonymous):

Alisha has a $15,000 car loan with a 6 percent interest rate that is compounded annually. How much will she have paid at the end of the five-year loan term? total amount = P (1 + i)^t Select one of the options below as your answer:A. $19,500.25B. $15,900.50C. $20,073.50

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