You the interest is what type of risk

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Reference no: EM131968440

You have lent $350 to your friend for 30 days and she agrees to pay you 10% interest.

a) how much interest will you receive, assuming she pays you as promised? Show your work and express the answer in the proper format.

b) The possibility that your friend won't pay you the interest is what type of risk?

Reference no: EM131968440

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