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Mathematics 20 Online
OpenStudy (candol50):

Myra took out a 20 year loan for $80,000 at an APR of 11.5% compounded monthly, approximately what would be the total cost of her loan if she paid it off 13 years early?

OpenStudy (candol50):

A. $68,917.64 B.$71,663.76 C. $140,581.40 D. $204, 753.60

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