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Solve the problem.
-Sketch a graph showing the distance (in miles) that a person is from home after hours if that individual drives at to a lake 70 miles away, stays at the lake hours, and then returns home at a speed of .
25 Years
A term often referring to the duration of a loan or mortgage, indicating the time over which repayments are to be made.
Interest
Interest is the charge for borrowing money, typically expressed as an annual percentage rate of the principal.
Compounded Monthly
The method of accruing interest on the initial amount of a loan or deposit, thereby earning interest on the accrued interest, on a monthly basis.
12%
A numerical value representing twelve parts per hundred, often used to denote a percentage rate, such as an interest rate or growth rate.
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