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b) Choua borrowed $10,000 on April 1, 20X1 and agreed to pay it back April 1, 20X4 along with the accumulated interest (8% rate compounded
b) Choua borrowed $10,000 on April 1, 20X1 and agreed to pay it back April 1, 20X4 along with the accumulated interest (8% rate compounded annually). A) Calculate the amount of money Chou will need on 4/1/X4 by using simple multiplication (show your work). B) Use the TVM table and show your work
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