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Suppose you need to borrow money and your bank is offering

Suppose you need to borrow money and your bank is offering you three choices: option A charges a 22% interest rate and you make annual payments, option B charges 21% and you make monthly payments, and option C charges 20% and you make weekly payments (note: there are 52 weeks in a year). Which option is better for you?

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Financial Management: Suppose you need to borrow money and your bank is offering

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Financial Management: Suppose you need to borrow money and your bank is offering

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