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You borrow money from your grandma to invest in the market. You grandma agrees to give you $3,000 for 3 years without charging you any

  1. You borrow money from your grandma to invest in the market. You grandma agrees to give you $3,000 for 3 years without charging you any interest. You estimate that you can earn 8% per year during the next 3 years. How much money will you make after returning your grandma her loaned money?

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