Mathematics, 03.10.2021 23:40 gabypinskyb7364

If Timmy takes out a loan for $750 for 15 months, but only receives $725 into his bank account, what's the effective interest rate? Give your answer as a percentage to the nearest hundredth of a percent. Do not include the percent symbol in your answer.

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If Timmy takes out a loan for $750 for 15 months, but only receives $725 into his bank account, what...