Question: answer this with solution 2 points How much is the effective cost if you need to borrow $250,000 for one year with 12% single payment

answer this with solution

2 points How much is the effective cost if you need to borrow $250,000 for one year with 12% single payment interest? 8.7% 2.04% O 12% 0 20.28% 17.65%

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