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8. Ramone borrows $10 000 as start-up capital for his new business. He plants to repay the loan in 4 years, at which point he
8. Ramone borrows $10 000 as start-up capital for his new business. He plants to repay the loan in 4 years, at which point he will owe $15 180.70. What rate of interest is Ramone being charged, assuming that it is compounded annually? (2) A
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
