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how much should darwin borrow to have 15000 today if he promised to pay it in 2 years at 5-3 7 simple discount rate ?
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What is the int. rate? I don't know what you mean by 5-3 7.
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serena wants to borrow $15000 and pay it back in 10 years. the bank gives her 2 options
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Jane forest wants to receive yearly payments of 15000.00 for 10 years. How much must she deposit at her bank today at 11%
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