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1 point) Suppose that you loan 300 dollars to a friend today, and 425 dollars to the same friend a year from now. In two

image text in transcribed 1 point) Suppose that you loan 300 dollars to a friend today, and 425 dollars to the same friend a year from now. In two years, ou receive 875 dollars repayment for both loans. What are the possible effective rates of interest on this transaction? (If you find nore than one, list them separated by commas.) Answer = percent

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