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Russell Brothers, Inc. borrows $25,000 for a short-term purpose. The loan will be repaid after 180 days, with Russell paying a total of $25,750. What

Russell Brothers, Inc. borrows $25,000 for a short-term purpose. The loan will be repaid after 180 days, with Russell paying a total of $25,750. What is the approximate cost of credit using the APR, or annual percentage rate, calculation?

Russell Brothers, Inc. borrows $25,000 for a short-term purpose. The loan will be repaid after 180 days, with Russell paying a total of $25,750. What is the approximate cost of credit using the APR. or annual percentage rate, calculation

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