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Jill Ley took out a loan for $60,000 to pay for her child's education
Jill Ley took out a loan for $60,000 to pay for her child's education. The loan must be repaid at the end of eight years in one payment with interest of 6%. The total amount Jill has to pay back at the end of the loan is A. $80,800.B. $88,800.C. $28,800. D. $88,008.
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