Question
A friend purchased a new sound system that was selling for $4200: He agreed to make a down payment of $1000 and to make 24
A friend purchased a new sound system that was selling for $4200: He agreed to make a down payment of $1000 and to make 24 monthly payments of $160; beginning one month from the time of purchase. What is the effective interest rate being paid?
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
