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You've agreed to lend money to your cousin. Your cousin will pay you back by paying $ 3 , 0 0 0 in 2 years
You've agreed to lend money to your cousin. Your cousin will pay you back by paying $ in years and another $ in years.
Your cousin wants to pay you the same interest that your bank would pay, which is How much can you lend your cousin today to get
that rate of return?
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