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faust18 [17]
3 years ago
8

East Coast Cleaners borrows $20,000 for 120 days and pays $400 interest. What is the effective rate of interest if the loan is d

iscounted
Business
1 answer:
Vika [28.1K]3 years ago
5 0
The answer is 4.0 because i you said get your money from
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3 years ago
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rework hope this helps :)

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