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    Exam 9: Compound Interest: Further Topics and Applications
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    An Original Loan of $6,500 Has Accumulated to $10,093
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An Original Loan of $6,500 Has Accumulated to $10,093

Question 306

Question 306

True/False

An original loan of $6,500 has accumulated to $10,093.14 based on 9.2% interest compounded annually. The loan is five years old.

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