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Question 8 A friend asks to borrow $ 1 0 0 from you today and in return, pay you $ 1 5 0 after five
Question
A friend asks to borrow $ from you today and in return, pay you $ after five years. Under which of the following interest rates will you be willing to save the money in the
bank, rather than lend it to him?
A
B
C
D You'd be willing under both B and C
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