Question: Suppose that you borrow $ 4 , 0 9 5 now, promising to repay the loan principal plus accumulated interests in 4 years at interest

Suppose that you borrow $4,095 now, promising to repay the loan principal plus accumulated interests in 4 years at interest rate i=6.7% per year.
How much would you repay at the end of 4 years?
Suppose that you borrow $4,095 now, promising to repay the loan

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