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Mr. Smith borrowed $10,000 from Mr. Black at 1% per day. The loan must be repaid in two weeks' time. What is the dollar amount
Mr. Smith borrowed $10,000 from Mr. Black at 1% per day. The loan must be repaid in two weeks' time. What is the dollar amount of compounded interest on this loan? $1, 494.74 $1, 400 $94.74 $53.70 $3.84
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