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OpenStudy (kamibug):
...Exponential Equations Problem... You decide to keep track of your loan four times a month instead of monthly. Solve for the adjusted interest rate. Remember to use the formula A(t)=P[(1+r/n)^1/c]^cnt where c = 4. When solving for the adjusted interest rate, be sure to set it equal to 1+rn. Price: $39,145 Current Interest Rate: 3%
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