A. If you borrow $3000 at 10% per year for 7 years, using simple interest how much will you need to repay at the end of 7 years?
B. If you borrow $3000 at 10% compounded yearly for 7 years, using compound interest how much will you need to repay at the end of 7 years?
C. If you borrow $3000 at 10% compounded monthly for 7 years, using compound interest how much will you need to repay at the end of 7 years?
