Mathematics, 20.09.2019 19:10 604341

Your friend borrows $100 from you and promises to pay you back $109 in 8 months. what annual percentage rate (a. p.r.) are you charging your friend? round to the nearest tenth of a percent and write the answer as a decimal

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Your friend borrows $100 from you and promises to pay you back $109 in 8 months. what annual percent...