Business, 10.09.2020 04:01, tonya3498

Last year, Jackson borrowed $20,000 to buy a preowned boat. He repaid the principal of the loan plus $2750 interest after only 1 year. This year, his brother Henri borrowed $15,000 to buy a car and expects to pay it off in only 1 year plus interest of $2295. The rate that each brother paid for his loan is ___ %

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Last year, Jackson borrowed $20,000 to buy a preowned boat. He repaid the principal of the loan plus...