Question
Mary Toy borrowed $5,000 from her parents and repaid them $5,350 after 9 months. What simple interest rate (as a percent) did she pay? (Round
Mary Toy borrowed $5,000 from her parents and repaid them $5,350 after 9 months. What simple interest rate (as a percent) did she pay? (Round your answer to two decimal places).
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Fundamentals Of Corporate Finance
Authors: David W Blackwell, Robert Parrino, David S Kidwell
1st Edition
0471270563, 9780471270560
