chicosworld chicosworld

17-05-2022
Business

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If you borrow $5,400 at $800 interest for one year, what is your effective interest rate for the following payment plans? (Input your answers as a percent rounded to 2 decimal places.)

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moodler moodler

17-05-2022

5400/800 = 0,14814 -> 14,81% Interest rate

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