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Consider a loan for $70,732 that is paid off in 15 yearly payments of $7,000 (at the end of each period). Attempt 1/10 for 10
Consider a loan for $70,732 that is paid off in 15 yearly payments of $7,000 (at the end of each period).
Attempt 1/10 for 10 pts.
Part 1
What is the interest rate?
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