A loan of $25000 has an annual simple interest rate of 5.5%. The total cost of the loan is $38750. How many years does it take to repay the loan

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Milleremily2009idn Milleremily2009idn

02-11-2022
Mathematics

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A loan of $25000 has an annual simple interest rate of 5.5%. The total cost of the loan is $38750. How many years does it take to repay the loan

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