Mathematics

Mathematics, 26.06.2020 16:01, emma3216

63. Borrowing from a pawn shop. Sanjay has borrowed $400 on his fa-
ther's watch from the Main Street
Pawn Shop. He has agreed to pay off
the loan with $425 one month later.
What is the annual interest rate that
he is being charged?

answer

Answers: 3

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63. Borrowing from a pawn shop. Sanjay has borrowed $400 on his fa-
ther's watch from the Mai...

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