Info
Warning
Danger
/ Homework Answers / Accounting / Question The Really Expensive Bank Inc offering

Question

Question

The Really Expensive Bank Inc is offering a special deal. You may borrow $1,000 today and make payments of $20 per week, at the end of each week for the next 2 years to pay off the loan. What is the rate of interest is charging you?

Solution
5 (1 Ratings )

Solved
Accounting 6 Months Ago 61 Views
This Question has Been Answered!
Premium Content -