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FINANCIAL LITERACY Priya and Benjamin each take out a short term loan for 2000 Priya...

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FINANCIAL LITERACY Priya and Benjamin each take out a short term loan for 2000 Priya s loan has a 15 annual interest rate compounded continuously and Benjamin s loan has a 12 annual interest rate compounded continuously Priya pays off the loan in one payment at 6 months Benjamin pays off the loan in one payment at 12 months Compare

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