You borrowed $10,000 and six months later you repaid the lender $11,200? Your payment included principal and

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You borrowed $10,000 and six months later you repaid the lender $11,200? Your payment included principal and interest? What was the annual interest rate on the loan?

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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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Posted Date: Feb 16, 2023 11:30 PM

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You borrowed $10,000 and six months later you repaid the lender $11,200? Your payment included principal and

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24 Step 11 So the actual answer is 24 all details is given ahead24 Final answer Explanations Expla... View the full answer

Financial Accounting A User Perspective

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