To borrow money, you pawn your mountain bike. Based on the value of the bike, the pawnbroker loans you $552. One month later, you get your bike back by paying the pawnbroker $851. What annual interest

To borrow money, you pawn your mountain bike. Based on the value of the bike, the pawnbroker loans you $552. One month later, you get your bike back by paying the pawnbroker $851. What annual interest rate did you pay for this loan

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To borrow money, you pawn your mountain bike. Based on the value of the bike, the pawnbroker loans you $552. One month later, you get your bike back by paying the pawnbroker $85…

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