Mr miser loans money at an annual rate of 73 percent


Mr. Miser loans money at an annual rate of 73 percent compounded daily. You decide to borrow $10,000 from him and must repay the full principal and interest at the end of 2 years. How much must you repay him to pay off the loan?

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Finance Basics: Mr miser loans money at an annual rate of 73 percent
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