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Question 13 Interest rate is 15%/year; If I borrow 300 dollars today. How much will I owe in 5 years (compound interest rate) a. 603.41

Question 13

Interest rate is 15%/year; If I borrow 300 dollars today. How much will I owe in 5 years (compound interest rate)

a. 603.41

b. 642.13

c. 564.24

d. 567.26

e. 621.14

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