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7. James Heller borrowed $1,800 from his father to purchase a mountain bike. James paid back $2,600 to his father at the end of 4

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7. James Heller borrowed $1,800 from his father to purchase a mountain bike. James paid back $2,600 to his father at the end of 4 years. What was the average annual compound rate of interest on James' loan from his father? N I/Y PV PMT FV

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