Interest Rate Assignment
Interest Rate Assignment
Deandra owes $1,000 now and $1,500 two years from now. She agrees to make a single payment of $2,478.57 one year from now. What is the effective interest rate? Get Accounting homework help today
Deandra owes $1,000 now and $1,500 two years from now. She agrees to make a single payment of $2,478.57 one year from now. What is the effective interest rate? Get Accounting homework help today
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