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1. what is the rate of return for a bank making a $100,000 loan and will receieve payments of $805 each month for 30 years
1. what is the rate of return for a bank making a $100,000 loan and will receieve payments of $805 each month for 30 years as repayment?
2. What are the PV and FV of an ordinary annuity of 6 annual payments of $5,000 deferred for 4 years if the interest rate is 8% and compounded annually
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