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1. Calculate the annual interest rate on a $250,000 loan requiring 25 years to fully amortize with monthly payments of $2,633.06. Provide all steps please!
1. Calculate the annual interest rate on a $250,000 loan requiring 25 years to fully amortize with monthly payments of $2,633.06.
Provide all steps please!
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
