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give acurate answer 17. Problem 5.17 (Effective Interest Rate) You borrow $80,000; the annual loan payments are $12,184.02 for 30 years. What interest rate are
give acurate answer
17. Problem 5.17 (Effective Interest Rate) You borrow $80,000; the annual loan payments are $12,184.02 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. %Step by Step Solution
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Multinational Business Finance
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
15th Global Edition
129227008X, 9781292270081
