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Technology required. One \$1,000 loan charges 5% interest at the end of each year, while a second loan charges 8% interest at the end of each year.
| t, number of years | b, loan balance with 5% interest | c, loan balance with 8% interest |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| \(t\) |