Question
You borrow $350.00 from your aunt and agree to repay her $400.00 ($350.00 principal and $50.00 interest) in 18 months. What interest rate using simple
You borrow $350.00 from your aunt and agree to repay her $400.00 ($350.00 principal and $50.00 interest) in 18 months. What interest rate using simple interest, and to the nearest tenth of a percent, are you paying?
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Global Corporate Finance A Focused Approach
Authors: Kenneth A. Kim
1st Edition
9814335827, 9789814335829
