Suppose you wish to borrow 1.2million for five weeks and the amount of interest you must pay
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose you wish to borrow 1.2million for five weeks and the amount of interest you must pay is 50 per $ 2500 borrowed. What is the APR at which you are borrowing money?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date: