document.write( "Question 1108801: A man was charged 2 cents per month for every 1 dollar he borrowed from a bank.At what rate per annum was he charged \n" ); document.write( "
Algebra.Com's Answer #723817 by ikleyn(52799)\"\" \"About 
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\n" ); document.write( "The rate per annum = ((2 cents per month)*(12 months))/100 cents = \"24%2F100\" = 24%.\r
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