What annual rate of interest is your friend offering

Reference no: EM13270508

A friend promises to pay you $1,000 two years from now if you lend hime $800 today. What annual rate of interest is your friend offering?

Reference no: EM13270508

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What annual rate of interest is your friend offering : A friend promises to pay you $1,000 two years from now if you lend hime $800 today. What annual rate of interest is your friend offering?

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