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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 60
In 'N Out Payday Loans advertises that for a fee of only $10, you can immediately borrow up to $200 for one month. If a person accepts the offer, what are
a) the nominal interest rate per year and b) the effective rate per year
a) the nominal interest rate per year and b) the effective rate per year
Explanation
Verified
Verified
An Effective rate is a rate in which com...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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