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Question 34 3 pts Kosak Brothers, Inc. borrows $25,000 for a short-term purpose. The loan will be repaid after 180 days, with Kosak paying a
Question 34 3 pts Kosak Brothers, Inc. borrows $25,000 for a short-term purpose. The loan will be repaid after 180 days, with Kosak paying a total of $25,750. What is the approximate cost of credit using the APR, or annual percentage rate, calculation? 3.33% 4.00% 6.00% 7.75%
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