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Emily is considering taking out a loan from a bank. She needs $10,000 today and plans to repay it in 3 years. If the bank

Emily is considering taking out a loan from a bank. She needs $10,000 today and plans to repay it in 3 years. If the bank charges an annual interest rate of 6%, compounded annually, how much will Emily have to repay after 3 years?

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