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Lisa rosas borrws $5000 at 5% add on rate for one year. What is the financial charge? What is the APR?
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Lisa rosas borrws $5000 at 5% add on rate for one year. What is the financial charge? What is the APR?
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May 17, 2021
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Lisa rosas borrws $5000 at 5% add on rate for one year. What is the financial charge? What is the APR?
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Answer:
Finance charge: $250
APR: 9.23%
Explanation:
Brunocrt
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May 20, 2021
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Brunocrt
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