Business
Business, 21.12.2019 01:31, raywils0n12300p0t3yc

Martin is offered an investment where for $6000 today, he will receive $6180 in one year. he decides to borrow $6000 from the bank to make this investment. 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) 3%b) 4%c) 2%d) 1%

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Martin is offered an investment where for $6000 today, he will receive $6180 in one year. he decides...

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