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Justin wishes to borrow Php0.25M in two banks for 4 months. Bank A offers 6.9% simple interest and Bank B 6.85% simple discount. If you

Justin wishes to borrow Php0.25M in two banks for 4 months. Bank A offers 6.9% simple interest and Bank B 6.85% simple discount. If you are Justin, which offer do you prefer? And why?

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