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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 8
A friend asks to borrow $100 from you today and in return, pay you $150 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.8%
B.8.6%
C.9%
D. You'd be willing under both (B) and (C).
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