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can you please show step by step and the equation Solving for Rates What annual rate of return is implied on a $1,800 loan taken
can you please show step by step and the equation
Solving for Rates What annual rate of return is implied on a $1,800 loan taken next year when $3,900 must be repaid in year 10? Multiple Choice o 11.67% o 12.97% o 8.97% o 8.04%Step by Step Solution
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