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Ganezh [65]
2 years ago
9

If you borrow $5,400 at $800 interest for one year, what is your effective interest rate for the following payment plans? (Input

your answers as a percent rounded to 2 decimal places.)
Business
1 answer:
asambeis [7]2 years ago
4 0
5400/800 = 0,14814 -> 14,81% Interest rate
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Answer:

The answer is A

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If a commercial banking system has $200,000 in checkable deposits, actual reserves of $70,000, and a reserve ratio of 20 percent
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Answer:

B. False

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Are the Hopkins eligible to claim the earned income credit?
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3 years ago
A company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units t
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A.Incremental income(loss)

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