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(1 point) Suppose that you loan 350 dollars to a friend today, and 425 dollars to the same friend a year from now. In two
(1 point) Suppose that you loan 350 dollars to a friend today, and 425 dollars to the same friend a year from now. In two years, you receive 925 dollars repayment for both loans. What are the possible effective rates of interest on this transaction? (If you find more than one, list them separated by commas.) Answer = percent
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