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A friend asks to borrow $ 1 0 0 from you today and in return, pay you $ 1 5 0 after three years. Under
A friend asks to borrow $ from you today and in return, pay you $ after three years. Under which of the following interest
rates will you be willing to save the money in the bank, rather than lend it to him?
A
B
C
D You'd be willing under both B and C
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