Mathematics, 31.03.2020 01:04 mama9297

Jerry pawned his power tools (valued at $800) for $450 cash. Assuming he pays the pawnbroker $40 a month for three months and then pays back the full original balance to retrieve his tools, what was the approximate annual interest rate for this loan?

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Jerry pawned his power tools (valued at $800) for $450 cash. Assuming he pays the pawnbroker $40 a m...

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