A pawnshop will lend $3,500 for 45 days at a cost of $30 interest. What is the
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A pawnshop will lend $3,500 for 45 days at a cost of $30 interest. What is the effective rate of interest?
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Related Book For
Foundations Of Financial Management
ISBN: 9781264097623
18th Edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
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