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6. You want to expand your business by getting a loan of $25.000 at an annual interest rate of i % and pay it back

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6. You want to expand your business by getting a loan of $25.000 at an annual interest rate of i % and pay it back on installments of $5500 per year. After how many years you will make profit? 7. You want to expand your business by getting a loan of $40,000 and you requested to pay it back on installments of $6000 per year over the next 10 years. What is the annual interest rate of your loan

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