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Ginny has purchased a new $1265 Macbook laptop using financing (essentailly a loan) from a local computer shop. She pays nothing upfront, but must pay
Ginny has purchased a new $1265 Macbook laptop using financing (essentailly a loan) from a local computer shop. She pays nothing upfront, but must pay for the laptop and interest (a total of $1617) three months from the purchase date. Find the effective rate for this loan. Question content area bottom Part 1 The effective rate of the loan is 111.30 percent
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Contemporary Environmental Accounting Issues Concepts And Practice
Authors: Stefan Schaltegger, Roger Burritt
1st Edition
1874719349, 9781874719342
