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(10 points) Johnny needs to borrow $2000 to replace a mirror in his dojo, Cobra Kai. He can get a loan from the bank for

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(10 points) Johnny needs to borrow $2000 to replace a mirror in his dojo, Cobra Kai. He can get a loan from the bank for 2 years with an interest rate of 7% compounded monthly. His frenemy Daniel Larusso has offered to loan him the money for 2 years at 6% simple interest. Which is a better deal and why? Use math to support your

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