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You have $6,500 cash available to pay off a loan of the same amount. The loan will cost you $450 in interest this year and

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You have $6,500 cash available to pay off a loan of the same amount. The loan will cost you $450 in interest this year and you are deciding whether to pay it off or invest the cash. If you are in a 30 percent marginal tax bracket, how much interest would you have to earn to make the investment a better decision? $585 $643 $605 $451

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