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Mathematics 9 Online
OpenStudy (anonymous):

Walter took out a $6,000 loan for six years. He is being charged 6 percent interest, compounded annually. Calculate the total amount he will pay.total amount = P (1 + i)t

OpenStudy (jjuden):

The answer is $8,511.11

OpenStudy (jjuden):

it's $8,511.12* not $8,511.11

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