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g Your friend borrows $100 from you and promises to pay you back $103 in 5 months. What annual percentage rate (A.P.R.) are you charging
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Your friend borrows $100 from you and promises to pay you back $103 in 5 months. What annual percentage rate (A.P.R.) are you charging your friend? Round to the nearest tervth of a percent and write the answer as a decimal - for esample, you should wite 11,6% as 116 Step by Step Solution
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