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Enterprises borrowed $ 4,000 from its bank. HC will repay $ 6,442 in five years. What interest rate did HC incur on this loan, assuming

Enterprises borrowed $ 4,000 from its bank. HC will repay $ 6,442 in five years. What interest rate did HC incur on this loan, assuming annual compounding? Prepare the solution with factor tables.

The interest rate that HC incurred on this lone is ?(%)

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