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17-09-2020
Mathematics

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Nathan borrows $470 to start a small business selling ice cream cones at a rate of 12% per year. It takes him four years to pay the loan back. How much did Nathan have to pay back in total?

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17-09-2020

Answer:

$739.55 if it is compounded

Step-by-step explanation:

470 x 1.12

ans x 1.12

ans x 1.12

ans x 1.12

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