Question:
Jose borrowed 8680 for 7 months at an annual interest rate
Last updated: 2/12/2024
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Jose borrowed 8680 for 7 months at an annual interest rate of 7 The bank also charges a 100 processing fee What is the actual annual simple interest rate for this loan Consider any fees as part of the total interest Round to hundredth of a percent enter as a percent For example 3 45