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can you help me with a problem such as this one : PunjabCompanyborrowed$114,000fromitsbank.Punjabwillrepay$150,000in7years.Whatisthe approximateinterestratethatPunjabwillincuronthisloan,assumingannualcompounding?
can you help me with a problem such as this one : PunjabCompanyborrowed$114,000fromitsbank.Punjabwillrepay$150,000in7years.Whatisthe approximateinterestratethatPunjabwillincuronthisloan,assumingannualcompounding?
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