My uncle borrowed 5,000 bolivars (B5,00) from his brother in Caracas, Venezuela. He promised to repay the

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My uncle borrowed 5,000 bolivars (B5,00) from his brother in Caracas, Venezuela. He promised to repay the loan in two annual installments of B3,000 each. What rate of interest is he paying his brother?

Posted Date: May 20, 2024 12:06 AM

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My uncle borrowed 5,000 bolivars (B5,00) from his brother in Caracas, Venezuela. He promised to repay the

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