If you borrow 210 TL from your Bank pay back 231 TL six month later, what is

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If you borrow 210 TL from your Bank pay back 231 TL six month later, what is the annual simple and compound interest rates?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: May 22, 2023 02:58 AM

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If you borrow 210 TL from your Bank pay back 231 TL six month later, what is

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To calculate the annual simple interest rate we can use the formula Simple Interest Principal x Inte... View the full answer

Principles of Finance

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