Business, 26.07.2019 15:00 amiahmiller79

John borrows $100 from ed. they agree that john will pay back the loan in two months at a rate of 10% monthly. if john pays back exactly $120, then the interest was compounded. usurious. impounded. simple.

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John borrows $100 from ed. they agree that john will pay back the loan in two months at a rate of 10...