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To borrow​ money, you pawn your guitar. Based on the value of the​ guitar, the pawnbroker loans you ​$720720. One month​ later, you get the guitar back by paying the pawnbroker ​$14721472. What annual
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To borrow​ money, you pawn your guitar. Based on the value of the​ guitar, the pawnbroker loans you ​$720720. One month​ later, you get the guitar back by paying the pawnbroker ​$14721472. What annual interest rate did you​ pay?

User Munin
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Im not sure if your numbers are right but the rate is 1942.6063%
To borrow​ money, you pawn your guitar. Based on the value of the​ guitar, the pawnbroker-example-1
User CChoma
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