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Suppose the interest rate is 3.8. a. Having 600 today isequivalent to having what amount in one? year? b. Having 600 in oneyear is equivalent

Suppose the interest rate is 3.8. a. Having 600 today isequivalent to having what amount in one? year? b. Having 600 in oneyear is equivalent to having what amount? today? c. Which wouldyou? 2 answers

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