A loan company charges $ 9 0 interest for a one month loan of $ 2 2

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A loan company charges $ $90$ interest for a one month loan of $ $2250 .$ Find the annual interest rate they are charging $.$

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

Posted Date: Mar 25, 2024 05:35 AM

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A loan company charges $ 9 0 interest for a one month loan of $ 2 2

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The annual interest rate for this loan Heres how we can do it Calculate the monthly int... View the full answer

Income Tax Fundamentals 2013

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