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11 January, 12:31

You are starting your own small business in Albuquerque. you borrow $10,000 from a bank at 9% rate for 5 years find the interest you will pay on this loan

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  1. 11 January, 15:26
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    A=P

    10,000 (1+0.09.5) = 14,500

    =$4,500 interest
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