Question
You decide to borrow money from Cousin Vinnie, and he has agreed to a 20 percent interest rate per year. If you borrowed $200 a
You decide to borrow money from Cousin Vinnie, and he has agreed to a 20 percent interest rate per year. If you borrowed $200 a year ago, and know you have to pay him in full exactly $716.64 (and make no other payments to him), how long from now until you must pay him back?
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
