Question: Next question year. He decides to borrow $5.500 from the bank to make this investment Next Martin is offered an investment where for $5.500 today,
Next question year. He decides to borrow $5.500 from the bank to make this investment Next Martin is offered an investment where for $5.500 today, he will receive $5.940 in one What is the maximum interest rate the bank needs to offer on the loan if Martin is at least to break even on this investment? A. 8% OB. 9% OC. 7% OD. 6%
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