Rose Dooshima wants to borrow $8000 from Jason Aondona. Rose is willing to pay back $8180 in

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Rose Dooshima wants to borrow $8000 from Jason Aondona. Rose is willing to pay back $8180 in 6 months. What interest rate will Rose pay?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Posted Date: Apr 04, 2024 07:43 PM

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Rose Dooshima wants to borrow $8000 from Jason Aondona. Rose is willing to pay back $8180 in

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We can find the interest rate using the following formula Interest Rate ... View the full answer

Cornerstones of Financial and Managerial Accounting

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