Isingh3069 Isingh3069
  • 29-10-2017
  • Mathematics
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Frederick needs to borrow $3000 for a down payment on a new car. His uncle decided to loan him the money as a 4.5% loan. Frederick doesn't want to pay more than $810 in interest. How many years does Frederick have to pay back the loan?

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coolkiddvz
coolkiddvz coolkiddvz
  • 29-10-2017
He has 6 years to pay back the loan.
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