How much interest will you pay to the bank over the life of, Electrical Engineering

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How much interest will you pay to the bank over the life of

You are a big financial success and you want to purchase the Remlab Company for $35 billion. You have $5 billion in cash, but need to borrow the remaining $30 billion from your friendly banker. You banker says fine, I'll lend you the money for 10 years, but at 7.5 percent annual interest compounded quarterly. How much interest will you pay to the bank over the life of this loan?

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Electrical Engineering: How much interest will you pay to the bank over the life of

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Electrical Engineering: How much interest will you pay to the bank over the life of

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