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Your friend borrows $100 from you and promises to pay you back $110 in 6 months. What annual percentage rate (A.P.R.) are you charging your

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Your friend borrows $100 from you and promises to pay you back $110 in 6 months. What annual percentage rate (A.P.R.) are you charging your friend? Round to the nearest tenth of a percent and write the answer as a decimal - for example, you should write 11.6% as .116. Answer: I Check

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