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c) If you borrow $3,000 at an annual interest rate 6% compounded monthly for seven years, how much will you have to repay at the
c) If you borrow $3,000 at an annual interest rate 6% compounded monthly for seven years, how much will you have to repay at the end of seven years? (4p.) d) If you borrow $3,000 at an annual interest rate 6% compounded continuously for seven years, how much will you have to repay at the end of seven years?|(4p.)
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