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A 5-year, $18,400.22 loan is to be paid off with semi-annual payments of $2,500.01. What semi-annual interest rate is being paid?
A 5-year, $18,400.22 loan is to be paid off with semi-annual payments of $2,500.01. What semi-annual interest rate is being paid?
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
