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Sticks and Stuff Furniture is offering a bedroom suite for $6,000. The credit terms are 60 months at $100 per month. What is the interest
Sticks and Stuff Furniture is offering a bedroom suite for $6,000. The credit terms are 60 months at $100 per month. What is the interest rate on this offer?
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Financial Management
Authors: Rajiv Srivastava, Anil Misra
2nd Edition
0198072074, 9780198072072
