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QUESTION 2 You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to

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QUESTION 2 You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to borrow $1.226 and agree to pay back $1.880 in 3 years. Alternatively, you could borrow from your bank that is charging 6.5 percent interest annually Should you go with your under the bank

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