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help out QUESTION 1 A) Lemmy Kutemwa promises to pay you K24, 000,000 in a year's time for lending her 22,500,000 now. The market interest
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QUESTION 1 A) Lemmy Kutemwa promises to pay you K24, 000,000 in a year's time for lending her 22,500,000 now. The market interest rate is 10 percent. How much is the promise worth to you? Would you take the offer? Why or why not? Show calculations in yourStep by Step Solution
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