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Lewis borrows $10,000 today at 8.25 percent compounded annually. The terms of the loan require Lewis to repay the principal and interest in one lump

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Lewis borrows $10,000 today at 8.25 percent compounded annually. The terms of the loan require Lewis to repay the principal and interest in one lump sum four years from today. How much will Lewis have to pay in four years? a. $13,300.00 b. $13,466.67 C. $13,731.30 d. $13,864.13

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