On July 17, 2017, James Taylor borrowed $66,000 from his grandfather to open a clothing store. Starting
Question:
On July 17, 2017, James Taylor borrowed $66,000 from his grandfather to open a clothing store. Starting July 17, 2018, James has to make 8 equal annual payments of $11,225 each to repay the loan. Use a financial calculator to determine what interest rate James is paying.
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Diksha Bhasin
I have been taking online teaching classes from past 5 years, i.e.2013-2019 for students from classes 1st-10th. I also take online and home tuitions for classes 11th and 12th for subjects – Business Studies and Economics from past 3 years, i.e. from 2016-2019. I am eligible for tutoring Commerce graduates and post graduates. I am a responsible for staying in contact with my students and maintaining a high passing rate.
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Related Book For 
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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