Giangerisa4ra Giangerisa4ra
  • 04-06-2017
  • Social Studies
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Beverly frickerson asks for a $15,000 loan for one year. the bank tells her that they will give her $13,050 immediately and deduct $1950 in interest up front. what is the effective rate of interest on this loan?

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HistoryMystery59
HistoryMystery59 HistoryMystery59
  • 14-06-2017
hmmm im not quite sure about this answer 
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