SOLUTION: if a have $20,000.00 and it makes $4920.00 interest in a 12 month period what is the apr ( and is not compounded)

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Question 693285: if a have $20,000.00 and it makes $4920.00 interest in a 12 month period what is the apr ( and is not compounded)
Answer by stanbon(75887) About Me  (Show Source):