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Your roommate let you borrow $230 to buy the PS5 2 months ago. You just paid him back today and gave him $22 extra for
Your roommate let you borrow $230 to buy the PS5 2 months ago. You just paid him back today and gave him $22 extra for interest. What is the effective annual rate? the answer is 73.00. How to solve for that? Convert to a percent, round to 2 decimal places.
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