A student obtains a loan for $7,250. How much money does the student actually receive, assuming a loan fee of 1.05%? (Round your answer to the nearest cent.)
A student obtains a loan for $7,250. How much money does the student actually receive, assuming a loan fee of 1.05%? (Round your answer to the nearest cent.)
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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A student obtains a loan for $7,250. How much money does the student actually receive, assuming a loan fee of 1.05%? (Round your answer to the nearest cent.)
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