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A bank is willing to offer a company a $10,000 loan for 20 days. Over the 20 days, the company will pay 0.5% interest. What

A bank is willing to offer a company a $10,000 loan for 20 days. Over the 20 days, the company will pay 0.5% interest. What is the effective annual interest rate? How would I solve this in excel?

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