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Business, 27.02.2021 05:30 terencehouse

You are in a desperate need of cash and turn to your uncle who has offered to lend you some money. You decide to borrow $1,230 and agree to pay back $1,610 in two years. What annual interest rate is your uncle charging you?

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You are in a desperate need of cash and turn to your uncle who has offered to lend you some money. Y...
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