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QUESTION 3 You are in desperate need of cash and turn to your unclo, who has offered to lend you some money. You decide to

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QUESTION 3 You are in desperate need of cash and turn to your unclo, who has offered to lend you some money. You decide to borrow $1,038 and agree to pay back $1,814 in 2 years. Alternatively, you could borrow from your bank that is charging 65 percent interest annually Should you go with your uncle or the bank

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