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  3. you borrow $10,000 at an annual interest rate of 8

You borrow $10,000 at an annual interest rate of 8%. You repay the loan after...

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Accounting

You borrow $10,000 at an annual interest rate of 8%. You repay the loan after 4 years. How much must you repay using (a) Simple interest, (b) yearly compounding, (c) monthly compounding, (d) daily compounding, and (e) continuous compounding?

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