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2) Use factors and a spreadsheet to determine the interest rate per period from the following equation 0 -29,000 8,000 (P/Ai-5) 8,000(P/F,i-,8)0 29,000 8,000P/A,i*,5 +

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2) Use factors and a spreadsheet to determine the interest rate per period from the following equation 0 -29,000 8,000 (P/Ai-5) 8,000(P/F,i-,8)0 29,000 8,000P/A,i*,5 + 8,000P/F,1*,8 The interest rate per period is %

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