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Business, 10.10.2019 02:10 Reebear1447

Afriend has $900 that he has saved from his part-time job. he will need his money, plus any interest earned on it, in six months and has asked for your in deciding whether to put the money in a bank savings account at 4.80% interest or to lend it to victor. victor has promised to repay $936 after six months. required: calculate the interest earned on the savings account for six months. (round your answer to 2 decimal places.) calculate the annual rate of return if the money is lent to victor. (do not round intermediate calculations. round your answer to 2 decimal places.) which alternative would you recommend?

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Afriend has $900 that he has saved from his part-time job. he will need his money, plus any interest...
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