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Owen expecis to receive $21,000 at tho end of next year from a trust fund. If a bank loans money at an intrrest rate of

Owen expecis to receive $21,000 at tho end of next year from a trust fund. If a bank loans money at an intrrest rate of 6.9%, how much money can he borrow from the bank on the basis of this information? A. $9,823 B. $22,449 C. $1,449 D. $19,645

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