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Based on a 365-day year what is the total amount that rahul

Another bank is also offering favorable terms, so Rahul decides to take a loan of $15,000 from this bank. He signs the loan contract at 12% compounded daily for four months. Based on a 365-day year, what is the total amount that Rahul owes the bank at the end of the loan's term?

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Finance Basics: Based on a 365-day year what is the total amount that rahul

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