SOLUTION: If John takes a loan for $5,000 with a monthly interest of 3%, and he pays $250 per month, what would be the balance after 1 month
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Question 1158286: If John takes a loan for $5,000 with a monthly interest of 3%, and he pays $250 per month, what would be the balance after 1 month
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
\ -\ 250)
You can do your own arithmetic. Send me this guy's name and address. I would love to loan someone 5K on those terms.
John
My calculator said it, I believe it, that settles it
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