JORDAN NO PV > A relative of yours wants to borrow $3,000. she offers to repay you $1,000 every year 4 for four years. What interest rate are you being offered?
JORDAN NO PV > A relative of yours wants to borrow $3,000. she offers to repay you $1,000 every year 4 for four years. What interest rate are you being offered?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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answer must be in proper format or i will give down vote
Transcribed Image Text:JORDAN
NO
PV
> A relative of yours wants to borrow $3,000.
she offers to repay you $1,000 every year
4
for four years. What interest rate are you
being offered?
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