Question:

Dave borrowed 600 on January 1 2006 and paid it all back at

Last updated: 3/23/2023

Dave borrowed 600 on January 1 2006 and paid it all back at

Dave borrowed 600 on January 1 2006 and paid it all back at once on December 31 2006 The bank charged him a 5 00 service charge and interest was 44 20 What was the APR Do not round intermediate calculations Enter your answer as a percent rounded to 2 decimal places Annual percentage