In problem 5, Dave borrowed $500 on January 1, 2009, and paid it all back at once

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In problem 5, Dave borrowed $500 on January 1, 2009, and paid it all back at once on December 31, 2009. What was the APR? (Obj. 4)

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Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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