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Neal wants to borrow $2,500 and has received the offers from his local banks. Which offer should Neal accept if he wants to repay the

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Neal wants to borrow $2,500 and has received the offers from his local banks. Which offer should Neal accept if he wants to repay the loan in one single payment two years from now? Multiple Choice Bank C. which offers a rate of 4% compounded annually. Bank B which offers a simple rate of 5%

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