You borrowed $2,000 to take a vacation in the Caribbean islands. At the end of the year,
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You borrowed $2,000 to take a vacation in the Caribbean islands. At the end of the year, you had to pay back $2,200. What is the annual interest that you paid on your loan?
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Business Statistics Communicating With Numbers
ISBN: 9781259957611
3rd Edition
Authors: Sanjiv Jaggia
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