Question: How much did Speedy Movers borrow for a debt that accumulated to $55,048.03 in three years? The interest rate was 3.75% compounded monthly. Round to

How much did Speedy Movers borrow for a debt that accumulated to $55,048.03 in three years? The interest rate was 3.75% compounded monthly.

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ANSWER AND EXPLANATION Refer to image The Amount of loan taken 3 years ago was 4919... View full answer

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