Question
#23 A loan shark offers $9,018.00 today in exchange for paying him $1,699.00 per year forever. What is the annual rate of interest on this
#23 A loan shark offers $9,018.00 today in exchange for paying him $1,699.00 per year forever. What is the annual rate of interest on this loan?
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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International Financial Reporting Standards This Work Professes To Assist Finance Professionals And Students To Deep Dive Into International With Illustration And Solved Problems
Authors: B D Chatterjee
1st Edition
150108612X, 9781501086120
