[Solved] A property worth $ 2 2 0 0 0 is purchased

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A property worth $ 2 2 0 0 0 is purchased for 1 0 % down and payments of $ 1 8 6 at the

A property worth

22000

is purchased for

10 %

down and payments of

186

at the end of every for

11

years. What is the nominal annual rate of

interest?

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