Question
You borrow $25,000 to be repaid in 24 monthly installments of $1,212.17. The annual interest rate is closest to: 1.25% 3.00% 15.00% 18.00%
You borrow $25,000 to be repaid in 24 monthly installments of $1,212.17. The annual
interest rate is closest to:
1.25%
3.00%
15.00%
18.00%
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Get StartedRecommended Textbook for
Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
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