Question: Since you are becoming a Saver after taking this class, your sister turns to borrow $1,157 to buy a Samsung watch. If she promises to
Since you are becoming a "Saver" after taking this class, your sister turns to borrow $1,157 to buy a Samsung watch. If she promises to pay you back $1,329 in return after a year, what rate of interest would she end up paying you? (Enter your answer in percent and round your answer to two decimal points).
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