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You want to borrow $5,000 for 10 years. Which of the following opportunities will you choose to borrow from? Why? [Hints: Consider the future value

You want to borrow $5,000 for 10 years. Which of the following opportunities will you choose to borrow from? Why? [Hints: Consider the future value of the borrowing at the end of five years.] A) $1,300 borrowed at 10.20% p.a. compounded monthly B) $1,250 borrowed at 9.90% p.a. compounded daily C) $1,400 borrowed at 11.95% p.a. simple interest D) $1,200 borrowed at 11.45% p.a. compounded quarterly

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