In Problem 5, Joshua borrowed $1,000 on January 1, 2021, and paid it all back at once

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In Problem 5, Joshua borrowed $1,000 on January 1, 2021, and paid it all back at once on December 31, 2021. What was the APR?

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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