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GoodMad_ GoodMad_
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7 years ago
Bob Wheems borrowed $1,000. He received $840 and must repay the loan in one year. This is an example of a discount loan with an APR of 16 percent.
A) True
B) False
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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