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Betty Borrower has a short term one year note at 14% interest per year.

Betty Borrower has a short term one year note at 14% interest per year.
asked 200k views
1 vote
Betty Borrower has a short term one year note at 14% interest per year.

asked
User UncleO
by
8.0k points

2 Answers

5 votes

Answer:

The answer is 14.9%. Hope This Helps!

Explanation:

answered
User Sahil Mahajan Mj
by
7.6k points
3 votes
 the answer is (1+0.14/12)^(12))-1)*100=14.9% hope this helps u out 
answered
User Tommy Jakobsen
by
8.0k points
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