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Macy needs $6000 to cover her moving expenses. Her grandfather says he will lend her the money for 1 year at 10% simple interest. Her

Macy needs $6000 to cover her moving expenses. Her grandfather says he will lend her the money for 1 year at 10% simple interest. Her father says he will lend her the money for 1 year at 8% interest compounded monthly. If Macy accepts her grandfathers offer, what will she need to repay him in 1 year? If she accepts her fathers offer, what will she need to repay him in 1 year? Round to nearest cent

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