BethiaG119944 BethiaG119944

26-10-2022
Mathematics

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to borrow money you Pawn your guitar based on the value of the Qatar the pawnbroker loans you $720 1 months later you get the guitar back by paying the pawnbroker 1270. What annual interest rate did you pay

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LaurieJ465565 LaurieJ465565

26-10-2022

So, the difference = 1270 - 720 = 550

So, the interest = 550/720 = 0.764 = 76.4%

to the nearest whole number = 76%

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