Steph took out a simple interest loan that charges 8.5% interest annually. If her original loan amount was for $30,000 and she is paying off the loan over 20 years, how much will she pay altogether?

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
Problem 25EQ
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Translate A P.1 English 11/SEL.
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interest will he earn?
Steph took out a simple interest loan that charges 8.5% interest annually. If
her original loan amount was for $30,000 and she is paying off the loan over
6) 20 years, how much will she pay altogether?
Transcribed Image Text:gin | bartleby "MTESMZCWODQONTI2/a/Mjk0NjMONZQOMTY5/details Gmail Translate A P.1 English 11/SEL. 3 Int Math II [Per. 2 1. E Apex Learning H Over nearly 80 year. A Interim Assessment. * english 1110.docx O New Tab Springboard - Home interest will he earn? Steph took out a simple interest loan that charges 8.5% interest annually. If her original loan amount was for $30,000 and she is paying off the loan over 6) 20 years, how much will she pay altogether?
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