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

User UncleO
by
6.4k points

2 Answers

5 votes

Answer:

The answer is 14.9%. Hope This Helps!

Explanation:

User Sahil Mahajan Mj
by
6.1k points
3 votes
 the answer is (1+0.14/12)^(12))-1)*100=14.9% hope this helps u out 
User Tommy Jakobsen
by
6.4k points
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