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You borrow $2250 at 4.8% compounded weekly for tuition. While you do not have to make payments for the 5 years that you are in school, the interest is compounding. What is your loan balance after the 5-year grace period (if you've made no payments) ?

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  1. 15 May, 11:32
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    432

    Step-by-step explanation:

    2250x4.8=10,800

    5x5=25

    10,800/25=432
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