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4 Julie borrows the same $1,000 for her furniture. However, the bank she went to charges a compound interest of 10 percent. If Julie's loan

4 Julie borrows the same $1,000 for her furniture. However, the bank she went to charges a compound interest of 10 percent. If Julie's loan will be paid off in two years, how much will Julie pay the bank in total? $1020 $1200 $1100 9 pts $1210

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