With all interest and principal to be paid at the end of, Microeconomics

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With all interest and principal to be paid at the end of

Problem

Suppose a company borrows $10 million for a year at an interest rate of 6 percent annually, with all interest and principal to be paid at the end of the year How much money will the company give the lender at the end of the year?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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