Multiple Choice
Suppose you borrow $95.24 for one year at 5 percent and invest $95.24 for two years at 7 percent. For the time period beginning one year from today, you have
A) borrowed at 7 percent.
B) invested at 7 percent.
C) borrowed at 9 percent.
D) invested at 9 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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