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What is the maximum intrest rate the bank can charge on the

Martin is offered an investment where for $6000 today, he will recive $6219 in one year. He decides to borrow $6000 from the bank to make this investment. What is the maximum intrest rate the bank can charge on the loan if martin is to at least break even on this investment?

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Finance Basics: What is the maximum intrest rate the bank can charge on the

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