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Assume that Montana Mining,Inc.borrows $5,000,000 for 120 days.The total interest paid is $150,000.What is the APY,or Effective Annual Rate of interest that Billings pays?
Consistency
The degree of uniformity, steadiness, or predictability in an object, substance, or process over time.
Concise Language
The use of few words to convey much information or meaning, avoiding unnecessary details or filler words.
Cardiovascular Danger
A term referring to the risk factors that can lead to diseases affecting the heart and blood vessels.
Blood Pressure
The pressure of circulating blood on the walls of blood vessels, often measured for diagnosis since it is closely related to the force and rate of the heartbeat.
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