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B) Indooroopilly Bank charges 13.1 per cent compounded monthly on its business loans. Indy United Bank charges 13.4 per cent compounded semiannually. As a potential

B) Indooroopilly Bank charges 13.1 per cent compounded monthly on its business loans. Indy United Bank charges 13.4 per cent compounded semiannually. As a potential borrower. (10 marks) which bank would you go to for a new loan

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