Assume you are granted a 3 year 15000 7 anual interest loan


Question: Assume you are granted a 3 year, $15,000, 7% anual interest loan request from the bank and the is to be amortized. assuming you borrow the money, how much interest wil you pay over the life of the loan, to the nearest whole dollar.

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Finance Basics: Assume you are granted a 3 year 15000 7 anual interest loan
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