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Business, 19.01.2022 07:20 giordanolucia18

A bank loan officer offers you a loan. You agree to pay $16,000 in interest plus repay the $175,000 at the end of one year. What is the percent interest rate or effective cost?.

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A bank loan officer offers you a loan. You agree to pay $16,000 in interest plus repay the $175,000...
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