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5. I deposit $10,000 at 12% simple interest for 3 years, how much will I get at the end of year 3? 6. I borrowed
5. I deposit $10,000 at 12% simple interest for 3 years, how much will I get at the end of year 3? 6. I borrowed 10,000 at 12% compounded interest for 3 years, how much will I have to pay the bank at the end of the period
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