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2) If I borrow money today from my parents, I can repay $49,000 in exactly 9 years time. If the appropriate interest rate is 8.2%

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If I borrow money today from my parents, I can repay $49,000 in exactly 9 years time. If the appropriate interest rate is 8.2% per annum compounded semi-annually, the amount I can afford to borrow today is closest to: a. $23773 b. $24107 C. $23601 O d. $2218

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