Question: You borrow $2600 at 4.3% compounded weekly for tuition. While you do not have to make payments for the 5 years that you are in
You borrow $2600 at 4.3% compounded weekly for tuition. While you do not have to make payments for the 5 years that you are in school, the interest is compounding. What is your loan balance after the 5-year grace period (if you've made no payments)? Express your answer rounded to the nearest cent.
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