Mathematics, 23.03.2020 17:29 marisa2278
A loan shark lends you $50 at 3% compound interest per week (this is a weekly, not an annual rate.) Round your answers to the nearest dollars
A. How much will you owe after 2 years?
B. in "street" language, the profit on such a loan is known as the "vigorish" or the "vig." Find the sharks vig.
Answers: 2
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A loan shark lends you $50 at 3% compound interest per week (this is a weekly, not an annual rate.)...
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