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24 April, 12:04

The expression below represents the amount owed on a loan over t years,

1,550 (1.042)

Interpret the meaning of the expression.

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Answers (2)
  1. 24 April, 12:18
    0
    The loan is 1,550 amount of money and 1.042 is the interest of the money
  2. 24 April, 12:18
    0
    The answer above is right that's the answer
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