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Mathematics 14 Online
OpenStudy (anonymous):

You owe $1000 on a furniture loan. The bank charges a compound interest rate of 14.9% per year. If you don't make any payments on the loan, how much will you owe after 2 years? Round your answer to the nearest whole cent.

OpenStudy (anonymous):

=1000*1.149*1.149=1320

OpenStudy (anonymous):

thanks

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