Posted by David on .
. Mr. Kane recently borrowed $15,000 from his Aunt Jemima, and he has promised to pay his aunt $5,000 per year at 15%. How long will it take Mr. Kane to pay off the entire loan from his aunt?
2. You just borrowed $1,000 from Mr. Loan Shark. Mr. Shark requires you to pay $150 per week for the next 10 weeks. What is the effective annual interest rate on this loan?

Finance 
Ms. Sue,
You asked these same questions last Friday and Matt'sRiceBowl answered you.
http://www.jiskha.com/display.cgi?id=1246674541 
Finance 
Ms. Sue,
We'll be glad to help you after we've seen the work you've tried to solve these problems.