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17. Problem 5.17 (Effective Interest Rate) eBook You borrow $215,000; the annual loan payments are $28,683.29 for 30 years. What interest rate are you being
17. Problem 5.17 (Effective Interest Rate) eBook You borrow $215,000; the annual loan payments are $28,683.29 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number eBook Problem Walk-Through a. Find the present values of the following cash flow streams at a 7% discount rate. Do not round intermediate calculations. Round your answers to the nearest cent. 2 3 0 1 4 5 + $300 Stream A Stream B Stream A: $ $0 $0 $100 $350 $300 $350 $350 $350 $350 $350 $100 Stream B: $ b. What are the PVs of the streams at a 0% discount rate? Round your answers to the nearest dollar. Stream A: $ Stream B: $
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