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Author Question: You will agree to lend your sister's grandma's daughter $2,000 for a year, if at the end of the year ... (Read 217 times)

rachel9

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on: Apr 19, 2019

Question 1

You are asked to lend a friend $20,000 for a year. At the end of the year your friend agrees to pay you $21,000. The interest rate on this loan is


◦ 4.50%
◦ 5.00%.
◦ 5.50%.
◦ indeterminate from this information.

Question 2

You will agree to lend your sister's grandma's daughter $2,000 for a year, if at the end of the year she pays you $2,200. The interest rate you are charging her is


◦ 1.1%.
◦ 9.09%.
◦ 10%.
◦ 20%.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by rachel9 on Apr 19, 2019

wshriver

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rachel9

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Reply #2 on: Apr 19, 2019
Excellent


wshriver

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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