63. Borrowing from a pawn shop.
Sanjay has borrowed $400 on his fa-
ther's watch from the Mai...
Mathematics, 26.06.2020 16:01 emma3216
63. Borrowing from a pawn shop.
Sanjay has borrowed $400 on his fa-
ther's watch from the Main Street
Pawn Shop. He has agreed to pay off
the loan with $425 one month later.
What is the annual interest rate that
he is being charged?
Answers: 3
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