Easily take-out that loan to own $100 at the an interest rate regarding step 3%, I must pay-off $103

Easily take-out that loan to own $100 at the an interest rate regarding step 3%, I must pay-off $103 And so i you certainly will if you take currency, return $110, next pay down the borrowed funds at the $103 but still appear in the future by $eight Fundamentally, costs from go back on the…
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