Johnny Rockefeller had a bad credit rating and went to a local cash center. He took out

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Johnny Rockefeller had a bad credit rating and went to a local cash center. He took out a $100.00 loan payable intwo weeks for $105.00. What is the percent of interest paid on this loan?

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Financial Accounting

ISBN: 978-1259103285

5th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M

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Posted Date: May 08, 2024 02:16 PM

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Johnny Rockefeller had a bad credit rating and went to a local cash center. He took out

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The percent of interest paid on the loan can be calculated using the f... View the full answer

Financial Accounting

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