Mr. Strauss bought a shipment of goods for $9000. He paid $3000 in cash and agreed to pay the balace in 2 years. In these 2 years, Mr. Strauss paymrnt is $400 per month. What is the annual rate in this case
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Home » Mathematics » Mr. Strauss bought a shipment of goods for $9000. He paid $3000 in cash and agreed to pay the balace in 2 years. In these 2 years, Mr. Strauss paymrnt is $400 per month. What is the annual rate in this case