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Burak needs some money today and one of his friends accepts to loan the money he needs. It Burak makes payments of a month for

Burak needs some money today and one of his friends accepts to loan the money he needs. It Burak makes payments of a month for the next eight months. The first payment has to be paid today. It the interest rate is 1 percent per month. How much Burak is going to borrow from his friend today? 5382.92 b. $459.10 c. $463.69 d. $.493.02 e $400.51

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