Need - Amount she recieved - Amount she will repay - APR rate ...
70.2K
Verified Solution
Question
Finance
Need - Amount she recieved - Amount she will repay - APR rate Jan borrowed $1,000 at 5% interest for 1 year using the discount method. What amount will she receive, what amount will she repay after the year is up, and what is the APR on the loan? $1.000, $1,050, 4.8 % $950 $950, 5.00% $950, $1,000, 5.26% $950. $1,000.5%

Need
- Amount she recieved
- Amount she will repay
- APR rate
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.