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Umesh borrowed $2,000 for one year and paid $200 in interest. The bank charged him a $20 service charge. If Umesh paid the $2,000 in
Umesh borrowed $2,000 for one year and paid $200 in interest. The bank charged him a $20 service charge. If Umesh paid the $2,000 in 12 equal monthly payments, what is the APR? Note: Enter your answer as a percent rounded to 1 deci
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
