Question
A loan of $1500 can be repaid in 18 months by paying the principal amount borrowed plus $225.00 interest. What was the rate of interest
A loan of $1500 can be repaid in 18 months by paying the principal amount borrowed plus $225.00 interest. What was the rate of interest charged?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
