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Real Estate Express Exam 2 2023 with 100% correct answers
- Vak
- Instelling
The formula for calculating simple interest is: - correct answerInterest = principal x rate x time Add-on interest Annual Percentage Rate (APR) - correct answerAPR= 2*n*IR/P(N+1) n: number of payment periods in each year IR: total financing charges P: principal or amount borrowed N: number o...
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