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After Niagara College, you plan to go to a prestigious business school to obtain a masters degree. The cost will be $39315, but your uncle
After Niagara College, you plan to go to a prestigious business school to obtain a masters degree. The cost will be $39315, but your uncle agrees to loan you the money for your education now and you will have to pay him back in 3 years when you finish. If interest is charged at 3.6% p.a., how much money will have to be paid back?
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