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2. You have the option of investing $10,000 in a project with either a simple interest rate of 6 %/year or a compound interes

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12 By Simle interes PXRXT | 00 Joo00x 0.06 xt 1SI = G00T - Amaunt = pt SI /0000600T Where; P: Prircipul amnt R- Rale T- hmefooou (1.06)T - bo0 C3 by hit crd tocal T= 2 Naw if 2 year! Gox 2 SI = boou (k06)2- looo0 CI 1236 CI 2 SI : Ansurn is t-2gars

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