Business, 30.10.2020 16:50 kam110800

Suppose Mary receives an $8,000 loan from First National Bank. Mary repays $8,480 to First National Bank at the end of one year. Assuming the simple calculation of interest, the interest rate on Mary's loan was

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Suppose Mary receives an $8,000 loan from First National Bank. Mary repays $8,480 to First National...

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