SOLUTION: a company borrowed 75000 for 9 years at a simple interest of 13.5% to buy cabinet's. find the total amount paid on the loan
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Question 1118899: a company borrowed 75000 for 9 years at a simple interest of 13.5% to buy cabinet's. find the total amount paid on the loan
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
75000(1+(0.135*9) = 166125
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