Question: please show your work completely and clearly. Thank you for cash diagram show for each year its' values Question #4 (15 points Total) A. If
please show your work completely and clearly. Thank you
for cash diagram show for each year its' values
Question #4 (15 points Total) A. If you borrow $3000 at 10% per year for 7 years, using simple interest how much will you need to repay at the end of 7 years? B. If you borrow $3000 at 10% compounded yearly for 7 years, using compound interest how much will you need to repay at the end of 7 years? C. If you borrow $3000 at 10% compounded monthly for 7 years, using compound interest how much will you need to repay at the end of 7 years? SHOW WORK AND CASH FLOW DIAGRAMS FOR EACH
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