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Attempts Keep the Highest / 4 Problem 5 . 1 2 ( Effective Rate of Interest ) eBook Find the interest rates eamed on each
Attempts Keep the Highest
Problem Effective Rate of Interest
eBook
Find the interest rates eamed on each of the following. Round your answers to the nearest whole number.
a You borrow $ and promise to pay back $ at the end of year.
b You lend $ and the borrower promises to pay you $ at the end of year.
c You borrow $ and promise to pay back $ at the end of years.
d You borrow $ and promise to make payments of $ at the end of each year for years.
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