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6 December, 14:35

Marc maxwell took out a simple interest loan at 13% interest for 12 months. his previous balance $2681.04. what is the final payment if the loan is paid off with the next payment

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  1. 6 December, 18:28
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    A=p (1+rt)

    A=2,681.04 * (1+0.13*1)

    A=3,029.5752
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