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OpenStudy (anonymous):
You owe $10,000 on a car loan. The bank charges a compound interest rate of 9.5% per year. If you don't make any payments on the loan, how much will you owe after 3 years? Round your answer to the nearest whole cent. A. $12,246.83 B. $14,376.61 C. $11,990.25 D. $13,129.32
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